Online financial fraud surge to 27% in 2018: Report

According to the latest report published by financial services trade association UK Finance, consumers in the United Kingdom lost £393.4m in 2018 to Internet and e-commerce fraud. The report titled Fraud: The Facts 2019 stated the surge in financial fraud was increased to more than £80m or 27% in 2018. The report stated the sudden rise is a result of the increase in data breaches that was seen in 2018.

“Fraud losses on UK-issued cards totaled £671.4 million in 2018, a 19 per cent increase from £565.4 million in 2017. At the same time, total spending on all debit and credit cards reached £800 billion in 2018, with 20.4 billion transactions made during the year,” the report stated.

It’s believed that most of the data stolen in these data breaches were peddled on the dark web forums, where cybercriminals purchase huge data sets using untraceable cryptocurrencies and begin stealing money from the accounts.

“Our Fraud the Facts 2019 report lays bare the extent of the challenge. Last year the advanced security systems and innovations in which the finance industry invests to protect customers stopped more than £1.6 billion of unauthorised fraud. But despite this, criminals successfully stole £1.2 billion through fraud and scams in 2018,” the report added.

According to a recent report from Symantec’s Internet Security Threat Report (ISTR), cybercriminals are doubling down on alternative methods, such as formjacking, to make money. The ISTR provides an overview of the threat landscape, including insights into global threat activity, cybercriminal trends, and motivations for attackers.

The report analyzes data from Symantec’s Global Intelligence Network, the largest civilian threat intelligence network in the world, which records events from 123 million attack sensors worldwide, blocks 142 million threats daily and monitors threat activities in more than 157 countries.

译：根据金融服务贸易协会英国金融公司发布的最新报告，英国消费者在2018年因互联网和电子商务欺诈而损失了3.93亿英镑。题为“ 欺诈：事实2019 ”的报告指出，2018年金融欺诈的激增增加到8000多万英镑或27％。报告指出，突然上升的原因是2018年数据泄露事件的增加。

“2018年英国发行的卡片欺诈损失总额为6.71亿英镑，比2017年的5.654亿英镑增加了19％。与此同时，2018年所有借记卡和信用卡的总支出达到了8000亿英镑，其中204亿美元年内进行的交易，“报告指出。

人们认为，这些数据泄露中被盗的大部分数据都是在黑暗的网络论坛上兜售的，网络犯罪分子利用无法追踪的加密货币购买大量数据，并开始从账户中窃取资金。

“我们的欺诈事实2019年报告揭示了挑战的程度。去年，金融业投资保护客户的先进安全系统和创新措施阻止了超过16亿英镑的未经授权的欺诈行为。但尽管如此，犯罪分子在2018年通过欺诈和骗局成功地偷走了12亿英镑，“报告补充道。

根据赛门铁克互联网安全威胁报告（ISTR）最近的一份报告，网络犯罪分子正在加倍研究捏造等替代方法以赚钱。ISTR概述了威胁形势，包括对全球威胁活动，网络犯罪趋势和攻击者动机的见解。

该报告分析了全球最大的民用威胁情报网络赛门铁克全球情报网络的数据，该网络记录了全球1.23亿个攻击传感器的事件，每天阻止1.42亿次威胁，并监控超过157个国家的威胁活动。