Millions Snared in Web Fraud

The study from life assistance company CPP (http://www.cpp.co.uk) estimates that Brits were targeted by 3.7 billion 'phishing' emails in the last 12 months alone (3). And a quarter of us admit to falling victim to e-fraudsters, with the average victim losing over GBP285 each (4). Fake banking emails are the most common method used by criminals, with 55 per cent of those targeted receiving seemingly legitimate e-correspondence from high street banks. Over half received false lottery or competition prize draws, while a further one in two was targeted by foreign cons such as the renowned "Nigerian 419 advance fee fraud" scam.