Phishing fraud continued to rise in 2015, with the City of London Police’s National Fraud Intelligence Bureau (NFIB) and Get Safe Online reporting that the scams cost the victims £174.4 million.
Figures from the organisations found that the number of victims of phishing frauds rose 21% in just a year. A report by Financial Fraud Action UK (FFA UK) also found that fraudsters cost UK citizens £325.3 million in six months to June last year - a rise of 6% from £307.7 million over the same period in 2014, reported the Daily Mirror.
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