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Fraud the Facts 2021
Our Fraud – the Facts 2021 report highlights that last year the banking industry worked hard throughout the pandemic to protect customers from fraud and to go after the criminals behind it, with over £1.6 billion of fraud stopped in 2020. However, criminals turned to online and technology-enabled scams to exploit people’s fears about the Covid-19 pandemic, using digital platforms to target victims directly and tricking them into giving away their money or information, avoiding banks’ security measures.
