Reported losses from hacked email, social media, and other online accounts in Britain rose sharply last year, but police say much of the increase reflects better reporting through the new Report Fraud platform rather than a true surge in attacks. The assessment also shows account hacking remains the largest cyber-dependent crime category, while ransomware likely continues to be underreported. #ReportFraud #CityofLondonPolice #ActionFraud #NationalCyberSecurityCentre
Keypoints
- Reported losses from account hacks in Britain rose to £6.3 million.
- The number of victims reporting losses increased from 226 to 2,325.
- Police say Report Fraud improved incident recording compared with Action Fraud.
- Account hacking was the largest cyber-dependent crime category.
- Ransomware reports fell, but officials warn underreporting may still be hiding the true scale.
Read More: https://therecord.media/uk-account-hack-losses-surge-as-reporting-changes