UK online financial crime up 53% in 2016

A new report from Financial Fraud Action UK has found that fraud in the UK payments industry has soared by 53% on last year and totalled £755 million in 2015.

More than 1 million incidents of financial fraud occurred in the first six months of 2016,this means an incident happened in the UK every 15 seconds between January and June 2016.

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Story added 22. September 2016, content source with full text you can find at link above.