Cyber crime up 6%: Watch out for emails, texts and phone calls

Cyber crime up 6%: Watch out for emails, texts and phone calls

% of total frauds

% of frauds involving financial loss

No financial loss

29.4

Less than £20

7.5

10.6

£20 – £49

12.1

17.2

£50 – £99

10.6

14.9

£100 – £249

15.3

21.7

£250 – £499

8.7

12.3

£500 – £999

6.7

9.5

£1,000 – £2,499

5

7.1

£2,500 – £4,999

2.8

4

£5,000 – £9,999

0.8

1.2

£10,000 – £19,999

0.5

0.7

£20,000 – £39,999

0.1

0.2

£40,000 or more

0.6

0.8

Of all the fraud cases between April 2019 and March 2020, 70.7% resulted in a financial loss, with 29.4% experiencing no financial loss. The most common amount lost was between £100 and £249. The full research can be viewed by clicking here. 

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