It has been reported that about one in five people in the UK have had their accounts hacked by people online. The figure has been put about 40% of people that have suffered more than £10,000 losses and about 6% of the figure have had their details hacked more than one time. A recent poll has showed that people within the older age bracket of 55 – 64 are less likely to be victims of such crimes and this could be due to their online activity in terms of the different sites they visit, the frequency of online use and also how much they actually spend online for example.
There have been a lot of task forces set up over recent years now dedicated to cyber crime as the problem has grown over recent times. In the UK we are quite well protected against a lot of card fraud that is used due to the chip and pin security features that are now used as standard but there are however a lot of shops and suppliers that will still take credit cards without using this technology
A popular scam that has been used is the gone in 60 seconds scam where thieves deposit money and then make cash advance withdrawals in various locations but all within a minute of each other so that the machine does not see it as multiple transactions and is a way where they can empty a lot of cash in one swoop before a card gets blocked. This does seem to be a crime that is growing and will take a lot of resources to keep on top of as the crimes get more sophisticated and expose new loopholes in systems all the time.