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UK debit & credit cards: Card ID theft losses on plastic cards 2002-2020

Published by D. Clark, Apr 20, 2021
Data on the annual value of losses related to card ID thefts on UK-issued debit and credit cards in the United Kingdom (UK) from 2002 to 2020 shows that the annual value of losses on UK-issued debit and credit card ID theft fluctuated overall during the period under observation, reaching a value of 29.7 million British pounds as of 2020. The largest value of credit and debit card ID theft in the UK was found in 2008, when card ID theft amounting to a value of 47.4 million British pounds was recorded.

Value of annual card ID theft losses on UK-issued debit and credit cards in the United Kingdom (UK) from 2002 to 2020 (in million GBP)

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Source

Release date

March 2021

Region

United Kingdom

Survey time period

2002 to 2020

Supplementary notes

Card ID theft occurs when a criminal uses a fraudulently obtained card or card details, along with stolen personal information, to open or take over a card account held in someone else’s name. This type of fraud is split into two categories: third-party application fraud and account takeover fraud.

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