Read More/Source: Guardian
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Asenior policeman horrified MPs earlier this week by alleging that banks are covering up the extent of online fraud, and that losses from schemes such as "phishing" are really far greater than the pounds 22.5m announced for the first six months of this year in the UK (Banks hiding online fraud, December 5).
Yet one would think avoiding such fraud should be easy. If an email claiming to be from your bank asks you to click on a link and fill in your password, do you? People do - and the UK banks' official report last month noted that the number of phishing attacks has risen in the past 12 months from a few hundred to thousands.