Bargain hunters warned of £15 million worth of fraud ahead of Black Friday

17 November 2022, 11:54

Credit card stock
Credit card stock. Picture: PA

Shoppers aged 19 to 25 are most at risk of being targeted

Bargain hunters are being warned of online scams ahead of Black Friday, with young people aged between 19 and 25 most at risk.

Data from the National Fraud Intelligence Bureau (NFIB) has revealed that people lost £15.3 million during the festive period last year – with the average loss being £1,000.

Examples of scams include one shopper losing more than £150 trying to purchase a mobile phone via social media and another being duped out of £7,000 while attempting to buy a campervan online.

Now the National Cyber Security Centre (NCSC) – which is part of GCHQ – has launched a national Cyber Aware campaign providing shoppers with advice ahead of Black Friday and the Christmas period.

This advice includes protecting accounts with two-step verification and strong passwords using three random words.

Shoppers are also advised to research online retailers by checking feedback and consumer websites and to pay securely, with credit cards if possible as they provide better protection or with payment platforms such as PayPal, Google or Apple Pay.

Lindy Cameron, NCSC CEO, said: “Online shoppers will understandably be looking for bargains during the Black Friday and Christmas shopping period and we want them to do so safely.

“Sadly we know that criminals will look to exploit consumers at this time of year which is why good cyber security has such an important role to play.

“I would urge everyone to help us fight the scammers by following our Cyber Aware advice to set up two-step verification and use three random words passwords.”

Pauline Smith, head of Action Fraud, said: “I urge shoppers to be cautious of where and who you’re buying from.

“Our figures show that most scams last year involved mobile phones and electronics, so always shop with official retailers and don’t be enticed by deals that seem too good to be true.

“Where possible, use a credit card when shopping online as this will offer you more protection if anything goes wrong.

“Follow our practical advice to enjoy shopping online safely and ensure you’re not targeted this Christmas, especially given the cost-of- living crisis we’re facing.”

The NFIB data showed that almost half of the scams reported to Action Fraud mentioned one social media platform, making it the most likely medium for shopping and auction fraud to take place.

Of the 19,744 reports of scams, 20% were related to the purchase of electronics and 13% to mobile phones.

And fraud related to the purchase of selling vehicles was the third most common (8%).

The data also revealed that the demographic most likely to fall victim to online shopping scams was those aged 19 to 25 with 47% of the victims being male and 41% female, with the remaining 12% not providing that information.

By Press Association

More Technology News

See more More Technology News

People ride an upward escalator next to the Dior store at the Icon Siam shopping mall on June 12, 2024 in Bangkok, Thailand.

Luxury fashion giant Dior latest high-profile retailer to be hit by cyber attack as customer data accessed

A plane spotter with binoculars from behind watching a British Airways plane landing

‘Flying taxis’ could appear in UK skies as early as 2028, minister says

Apple App Store

Take on Apple and Google to boost UK economy, think tank says

A survey of more than 1,000 employers found that around one in eight thought AI would give them a competitive edge and would lead to fewer staff.

One in three employers believe AI will boost productivity, research finds

Hands on a laptop showing an AI search

One in three employers believe AI will boost productivity, research finds

Music creators and politicians take part in a protest calling on the Government to ditch plans to allow AI tech firms to steal their work without payment or permission opposite the Houses of Parliament in London.

Creatives face a 'kind-of apocalyptic moment’ over AI concerns, minister says

Ngamba Island Chimpanzee Sanctuary on Lake Victoria, Uganda

Chimps use medicinal plants to treat each other's wounds and practice 'self-care' as scientists hail fascinating discovery

Close up of a person's hands on the laptop keyboard

Ofcom investigating pornography site over alleged Online Safety Act breaches

The Monzo app on a smartphone

Monzo customers can cancel bank transfers if they quickly spot an error

Co-op sign

Co-op to re-stock empty shelves as it recovers from major hack

The study said that it was often too easy for adult strangers to pick out girls online and send them unsolicited messages.

Social media platforms are failing to protect women and girls from harm, new research reveals

Peter Kyle leaves 10 Downing Street, London

Government-built AI tool used to cut admin work for human staff

In its last reported annual headcount in June 2024, Microsoft employed 228,000 full-time workers

Microsoft axes 6,000 jobs despite strong profits in recent quarters

Airbnb logo

Airbnb unveils revamp as it expands ‘beyond stays’ to challenge hotel sector

A car key on top of a Certificate of Motor Insurance and Policy Schedule

Drivers losing thousands to ghost broker scams – the red flags to watch out for

Marks and Spencer cyber attack

M&S customers urged to ‘stay vigilant’ for fraud after data breach confirmed