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UK phone banking: fraud losses from 2009 to 2020

Value of annual phone banking fraud losses in the United Kingdom (UK) from 2009 to 2020

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Source

Release date

March 2021

Region

United Kingdom

Survey time period

2009 to 2020

Supplementary notes

*The source adds the following information: "This fraud happens when a criminal fraudulently accesses the victim’s phone banking account. To do this the criminal needs to be in possession of specific personal and financial information about the victim, to convince the phone banking system/operator that they are the genuine account holder. A criminal will use a variety of ways to acquire information about an intended victim."

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Statistics on "Banking channels in the United Kingdom (UK)"

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