Dark Reading is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them.Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

Attacks/Breaches

More Than 40 Percent Of U.K. Users Say They Have Been Fraud Victims

More than one-third of victims say they were never reimbursed by their banks

Nearly half of consumers in London have been victims of identity theft or credit card fraud, according to a survey released today.

The survey of 1,000 commuters in London was conducted by the producers of Infosecurity Europe, an IT security conference taking place in that city this week.

According to the survey, 44 percent of respondents said they have suffered from bank or credit card fraud, and 42 percent have had their identity stolen. The average amount stolen was nearly $3,000 per person, and 37 percent did not get their money back from the bank.

People who lost a small amount of money were far less likely to get their money back from their banks than people who lost a large amount of money, according to the study. Ninety-one percent of people who lost more than $10,000 got their money back; only 41 percent of people who lost less than $200 were reimbursed.

Sixty percent of respondents blamed retailers for making them vulnerable to fraud, while only 12 percent blamed the banks, and 28 percent said it was their own fault that they had lost money or had their identity stolen.

More than one-quarter of respondents (27 percent) felt they were most likely to have been victimized while online via websites or email. One-fifth (20 percent) said they lost their details in face-to-face transactions in shops, hotels, or other locations. Fifteen percent said they were most likely duped via phone fraud schemes. Forty-two percent of consumers said the fraud happened to them while they were outside the U.K. More than half of the people who had been defrauded said their credit rating was worse, according to the survey. More than one-third (37 percent) had stopped online banking since being victimized, and 34 had stopped online shopping. Nineteen percent of respondents said they would not buy goods from any website online. Have a comment on this story? Please click "Discuss" below. If you'd like to contact Dark Reading's editors directly, send us a message.

Tim Wilson is Editor in Chief and co-founder of Dark Reading.com, UBM Tech's online community for information security professionals. He is responsible for managing the site, assigning and editing content, and writing breaking news stories. Wilson has been recognized as one ... View Full Bio

Comment  | 
Print  | 
More Insights
Comments
Newest First  |  Oldest First  |  Threaded View
COVID-19: Latest Security News & Commentary
Dark Reading Staff 10/23/2020
7 Tips for Choosing Security Metrics That Matter
Ericka Chickowski, Contributing Writer,  10/19/2020
Russian Military Officers Unmasked, Indicted for High-Profile Cyberattack Campaigns
Kelly Jackson Higgins, Executive Editor at Dark Reading,  10/19/2020
Register for Dark Reading Newsletters
White Papers
Video
Cartoon
Current Issue
Special Report: Computing's New Normal
This special report examines how IT security organizations have adapted to the "new normal" of computing and what the long-term effects will be. Read it and get a unique set of perspectives on issues ranging from new threats & vulnerabilities as a result of remote working to how enterprise security strategy will be affected long term.
Flash Poll
How IT Security Organizations are Attacking the Cybersecurity Problem
How IT Security Organizations are Attacking the Cybersecurity Problem
The COVID-19 pandemic turned the world -- and enterprise computing -- on end. Here's a look at how cybersecurity teams are retrenching their defense strategies, rebuilding their teams, and selecting new technologies to stop the oncoming rise of online attacks.
Twitter Feed
Dark Reading - Bug Report
Bug Report
Enterprise Vulnerabilities
From DHS/US-CERT's National Vulnerability Database
CVE-2020-24847
PUBLISHED: 2020-10-23
A Cross-Site Request Forgery (CSRF) vulnerability is identified in FruityWifi through 2.4. Due to a lack of CSRF protection in page_config_adv.php, an unauthenticated attacker can lure the victim to visit his website by social engineering or another attack vector. Due to this issue, an unauthenticat...
CVE-2020-24848
PUBLISHED: 2020-10-23
FruityWifi through 2.4 has an unsafe Sudo configuration [(ALL : ALL) NOPASSWD: ALL]. This allows an attacker to perform a system-level (root) local privilege escalation, allowing an attacker to gain complete persistent access to the local system.
CVE-2020-5990
PUBLISHED: 2020-10-23
NVIDIA GeForce Experience, all versions prior to 3.20.5.70, contains a vulnerability in the ShadowPlay component which may lead to local privilege escalation, code execution, denial of service or information disclosure.
CVE-2020-25483
PUBLISHED: 2020-10-23
An arbitrary command execution vulnerability exists in the fopen() function of file writes of UCMS v1.4.8, where an attacker can gain access to the server.
CVE-2020-5977
PUBLISHED: 2020-10-23
NVIDIA GeForce Experience, all versions prior to 3.20.5.70, contains a vulnerability in NVIDIA Web Helper NodeJS Web Server in which an uncontrolled search path is used to load a node module, which may lead to code execution, denial of service, escalation of privileges, and information disclosure.