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Brits Targeted by 3.7 Billion Phishing Scams in Past 12 Months

More than 420,000 scam emails are sent every hour in the UK according to a report published by Card Protection Plan Limited (CPP). The study estimates that Britons were targeted by 3.7 billion ‘phishing’ emails in the last 12 months alone. And a quarter of people admit to falling victim to e-fraudsters, with the average victim losing over £285 each. Fake banking emails are the most common method used by criminals, with 55 per cent of those targeted receiving seemingly legitimate e-correspondence from high street banks.

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By CircleID Reporter

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