Barclays is spearheading a new £10m nationwide drive to increase the public’s awareness of financial fraud risks, and help them to stay safe in the digital age with information, tools and tips. This major initiative is being launched as latest crime figures show 5.6m fraud and cyber offences in the UK making up half of all recorded crime, and costing the UK £11bn. Yet, these numbers could be even higher as Barclays research, the new national Digital Safety Index survey, reveals a quarter of people in the UK (25 per cent) have experienced a cyber-fraud or scam in the past three years, 18 per cent of them more than once, suggesting that many cyber-crimes go unreported.
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