the risk of spreading the virus among people. Therefore, fraudsters have decided to capitalise on these circumstances, as more people fell prey to scams and fraudulent schemes.
The situation has been particularly widespread in the United Kingdom, with the country’s speedy payments infrastructure, together with the use of the world’s most widely used language English and the relatively light enforcement of fraud-related crimes has made it a global epicentre for such attacks. According to a banking industry body UK Finance, scammers are using the dark net to target a record number of consumers who are banking and shopping online amid the pandemic and are buying up batches of their personal details.
Recent figures published by the trade association show that a 754 million pounds (US$1 billion) from British…
