UK Cybercrime Stats 2023: 50% of Fraud Linked to Online Threats

Cybercrime accounted for half of all fraud committed in the UK in the first six months of this year, according to a legal expert. Steven Philippsohn, senior litigation partner at law firm Philippsohn, Crawfords, Berwald, said this figure would rise as . . . Cybercrime accounted for half of all fraud committed in the UK in the first six months of this year, according to a legal expert. Steven Philippsohn, senior litigation partner at law firm Philippsohn, Crawfords, Berwald, said this figure would rise as it becomes easier for criminals to break online security.

Speaking at the Compsec computer security conference in London last week, he said: "The internet is a criminal's charter. There is an increasing number of targets and despite what people say, buying online is not the same as giving your credit card to someone in a restaurant.

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