Britain is the card fraud capital of Europe as we suffer more cons with the highest losses

Aug 3, 2022 04:00 pm Cyber Security 187

Britain is the card fraud capital of Europe as we suffer more cons with the highest losses, new figures show

UK has 134 card frauds per 1,000 compared to France (115) and Spain (37)

Cost is also in UK per 1,000 is £8,833.20 and France (£6,069), Spain (£2,377.45)

More staff needed, think tanks says as card fraud is 45% of all UK fraud losses

Previous investigation found UK is global fraud capital due to £3billion stolen

By Charlotte Mclaughlin For Mailonline

Published: 11:51 EDT, 3 August 2022 | Updated: 11:52 EDT, 3 August 2022

Britain is the card fraud capital of Europe as we suffer the most cons with the highest losses, new figures released today show.

European Central Bank data shows that the UK boasts 134 card frauds per 1,000 population which is more than other major economies like France (115), Spain (37), Italy (19) and Germany (15).

Our 'shocking record' could mean both that Brits do not know how to protect access to their bank accounts and that cri ..

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