CyberHappenings logo
☰
Home Browse About

Track cybersecurity events as they unfold. Sourced timelines. Filter, sort, and browse. Fast, privacy‑respecting. No invasive ads, no tracking.

UK Fraud Cases Surge 17% Annually in H1 2025

First reported
Last updated
1 unique sources, 1 articles

Summary

Hide ▲

In the first half of 2025, UK consumers experienced a 17% increase in fraud cases and a 3% rise in losses compared to the same period in 2024. The total losses amounted to £629m ($839m) across 2.1 million cases. The surge in fraud cases is primarily driven by authorized fraud, while the increase in losses is attributed to authorized push payment (APP) fraud, particularly investment scams. Unauthorized fraud, which includes card, cheque, and remote banking fraud, saw a 3% decline in losses. However, card fraud losses increased by 5%, reaching £299m, driven by card-not-present purchases. The number of unauthorized card fraud cases rose by nearly 20% to 1.94 million, the highest recorded for a six-month period. Social engineering and compromised one-time passcodes (OTPs) are identified as key enablers of unauthorized fraud. The banking industry continues to face challenges in fraud detection despite mandatory APP reimbursement requirements and public awareness campaigns.

Timeline

  1. 27.10.2025 13:00 1 articles · 23h ago

    UK Fraud Cases Surge 17% Annually in H1 2025

    In the first half of 2025, UK consumers experienced a 17% increase in fraud cases and a 3% rise in losses compared to the same period in 2024. The total losses amounted to £629m ($839m) across 2.1 million cases. The surge in fraud cases is primarily driven by authorized fraud, while the increase in losses is attributed to authorized push payment (APP) fraud, particularly investment scams. Unauthorized fraud, which includes card, cheque, and remote banking fraud, saw a 3% decline in losses. However, card fraud losses increased by 5%, reaching £299m, driven by card-not-present purchases. The number of unauthorized card fraud cases rose by nearly 20% to 1.94 million, the highest recorded for a six-month period. Social engineering and compromised one-time passcodes (OTPs) are identified as key enablers of unauthorized fraud. The banking industry continues to face challenges in fraud detection despite mandatory APP reimbursement requirements and public awareness campaigns.

    Show sources
    Open in new tab

Information Snippets

  • UK consumers lost £629m ($839m) in the first half of 2025 due to fraud.

    First reported: 27.10.2025 13:00
    1 source, 1 article
    Show sources

  • There were 2.1 million fraud cases in the first half of 2025.

    First reported: 27.10.2025 13:00
    1 source, 1 article
    Show sources

  • APP fraud losses increased by 12% annually, driven by investment scams.

    First reported: 27.10.2025 13:00
    1 source, 1 article
    Show sources

  • Romance fraud losses increased by 35% year-on-year.

    First reported: 27.10.2025 13:00
    1 source, 1 article
    Show sources

  • Unauthorized fraud losses declined by 3% annually.

    First reported: 27.10.2025 13:00
    1 source, 1 article
    Show sources

  • Card fraud losses increased by 5% to £299m, driven by card-not-present purchases.

    First reported: 27.10.2025 13:00
    1 source, 1 article
    Show sources

  • There were 1.94 million unauthorized card fraud cases in H1 2025.

    First reported: 27.10.2025 13:00
    1 source, 1 article
    Show sources

  • Social engineering and compromised OTPs are key enablers of unauthorized fraud.

    First reported: 27.10.2025 13:00
    1 source, 1 article
    Show sources