Fergie's Tech Blog

Phishing: Online Banking Fraud Dramatically Jumps in UK

Jeremy Kirk writes on ComputerWorld:

U.K. banks reported a 55 percent increase in losses from fraudulent online transactions for the first half of the year, mostly from phishing scams, an industry trade group reported Tuesday.

Losses totaled $42.8 million, up from $27.6 million from the first six months of 2005, according to the Association for Payment Clearing Services (APACS).

posted by Fergie @ 11/08/2006 03:43:00 PM