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Is AI the key to stopping nuisance calls? O2's 'suspected scam' alerts flag 50MILLION per

More than 150million scam and spam calls have been flagged by O2's AI-powered 'call defence' tech since it launched in November. The feature, which was automatically activated on all compatible phones on the O2 network, aims to warn customers of potentially fraudulent calls before they answer.

The social media platforms - all owned by social media behemoth Meta - were involved in as many as 54% of scam incidents last year.

How 12.5m Nectar points worth nearly £63,000 have been stolen from our readers in the past

Now we can reveal that 12 million points worth over £60,000 have been stolen from our readers alone in the past year, ranging from small amounts worth £2.50 up to £1,000. Over the course of December, This Is Money heard from nearly a hundred readers who had their Nectar balances emptied ahead of Christmas.

I lost £1,000 to Equistak investment scam - which falsely claimed Amanda Holden was a

Having seen an article about a celebrity who was 'making money while she slept' via an investment with Equistak, that had an initial £250 deposit, I decided to call the number provided. Over the next few weeks, I did see unreasonable profit accrue, and invested more. But they then became very pushy, wanting me to invest £10,000 - which I do not have. I asked to close my account and send the balance to my personal bank account, but it never arrived.

Alex, who didn't want to give his real name, almost fell victim to a scammer posing as his boss one that could have seen him lose hundreds of pounds.

From hacking into your online accounts to selling knock-off products, these are the ways criminals will target bargain-hunting shoppers.

Millions scammed on tech platforms despite pledge to tackle online fraud

Around 6.6 million people in the UK have lost money to online scams in the last year, according to Which?. And three quarters of those conned fell victim on the websites of technology giants who previously committed to the government's voluntary Online Fraud Charter in November 2023. Tech companies - including Amazon, Facebook, Google, Instagram, Snapchat, TikTok, X and YouTube - vowed to adopt 'a raft of measures' within six months to protect users from scam content.

The fastest growing scams of 2024 have been revealed, with fake parcel delivery scams being the most rapidly growing scam targeting Britons.

EXCLUSIVE

Criminals are using secret channels to sell Nectar card balances to defraud unsuspecting customers, This Is Money can reveal.

I had 14,000 of Nectar points stolen... and was told to visit the petrol station where the

Last month, Caroline Enderby discovered 14,000 Nectar points had been used at a Sainsbury's petrol station in July without her knowledge. Cathy was told the points would only be refunded once she visited the fuel station, because it is one that she occasionally uses.

Scam victim payouts watered down from proposed £415,000 before new bank rules come into

Banks will be made to repay scam victims from 7 October, but the maximum amount they can refund has been drastically reduced. The new rules will see the maximum payout slashed from the £415,000 limit which was proposed in an earlier draft of the regulations.

Although people are often aware of the risks, as many as 66 per cent said they are happy to write work emails on public transport, while a third use word processing software around other commuters.

A sinister voice cloning scam is on the rise, which sees criminals use technology to replicate the sound of a victim's trusted loved ones. But half of households have never heard of it.

Bank of Dave on what you MUST do to keep your phone safe - as he goes 'catching baddies'

Entrepreneur turned campaigner Dave Fishwick has revealed the things he wants everyone to know about keeping their mobile phone safe from thieves, after he spent a day 'catching baddies' with City of London police officers. Fishwick hit the streets with Sergeant Stu Ford, part of the team that this year apprehended Sonny Stringer - one of the most notorious London phone thieves.

Customers like Mick Thomas (pictured) are still being tricked into handing over cash to fraudsters who have infiltrated Booking.com's platform.

A new report by LexisNexis Risk Solutions reveals that 70,000 password reset attacks each week and some users are more at risk than others.

Theft on the beach: Criminals estimated to have stolen £438m of unattended items last year

With many people flocking to UK beaches over the summer holidays , the importance of keeping your personal possessions safe is key. But millions of people lose items every year at the seaside - or suffer thefts.

Conor Burns discovered that fraudsters had taken out a Vanquis credit card in his name and racked up a £1,531 bill, which was passed onto debt collectors.

The Payment Systems Regulator has said that 'being reimbursed still depends largely on who you bank with' as it issues a report on APP fraud.

Criminals still using Facebook sponsored adverts to sell fake cash… and they're not all

Criminals are paying Facebook to advertise their fake cash and the posts are being left to be viewed by vulnerable victims, This Is Money can reveal. Earlier this year, we revealed how criminals were brazenly using social media sites , including Facebook, to target vulnerable users offering free postage and discounts on counterfeit notes.

Spoofing is a convincing scam which sees criminals change their caller ID, making them seem like they are calling from a legitimate number.

As a former police community support officer, Peter Middleton, 70 was initially sceptical of a caller claiming to be from Barclays - but the scammer's tactics were clever.

Fraud now makes up almost HALF of reported crime - how to avoid getting scammed

Over six per cent of people in England and Wales were the victim of fraud during the period, more than double the three per cent that experienced vehicle related theft, and three times that of victims of criminal damage or bicycle theft.

Scammers used cartoon images of the football player in the hope of masquerading the crypto currency as an official product.

When Alex Somervell found out a family member had handed £140,000 to scammers, his first reaction was anger. But Alex's anger turned to a desire help victims.

Scammers signing up to credit card stealing 'subscription service' for £80 a month

Malware - or malicious software - is helping to fuel a murky underworld of bank card theft on the dark web, it has been revealed. Criminals are selling software programs to other criminals which allow them to more easily harvest unsuspecting victims' personal card details - often on 'subscriptions' costing as little as £80 per month.

In Ormiston Bolingbroke Academy in Runcorn, Cheshire, a class of year seven students are getting a lesson on illegal money lending - all paid for by the profits of loan sharks themselves.

EXCLUSIVE

An emerging technique is to use digitally-altered photos and documents to try to scam money out of insurers - with innocent drivers and homeowners paying the price.

Santander cyber hack puts 30m bank accounts at risk of dark web sale - should UK customers

Millions of bank account details could be at risk of sale to cyber criminals after Santander became the target of a cyber attack by hacking group ShinyHunters. Last month's hack, which preceded a similar attack on Ticketmaster, has led to data relating to all of the European lender's 210,000 staff, as well as millions of its customers, being compromised.

Someone used my address to register a business on Companies House - why will it take 30

Patrick became aware that a company had been set up using his home address in Oldham, Manchester. The company, which was set up on 4 April, was set up to grow crops and was based in Biggleswade, Bedfordshire, nearly 200 miles away from the house Patrick has lived in for 30 years.

EXCLUSIVE

Social media sites, including Facebook and X are awash with carefully targeted adverts offering free postage and discounts on counterfeit notes.

For masses around the country, illegal money lenders have become the only way to afford necessities, from bills to baby formula.

Five things you must do to protect your money if your phone is stolen

Britons are gearing up for the summer and events like Glastonbury and the Euros are just around the corner. But criminals are also planning their own summer bonanza, as these packed events are ripe with opportunities to steal unassuming victims' phones. In the past, criminals would steal a phone to sell on for a quick profit - but today, they are more interested in using it to gain access to your bank account. Here's what you can do to make sure thieves don't drain your money.

Nectar customers still losing thousands of points to scammers - why hasn't it been fixed?

As with our debit and credit cards, we expect some level of security when we hand over our details to supermarkets. Sadly, some Sainsbury's customers can't say the same. We have written about many instances where Sainsbury's customers have their Nectar points stolen. Why won't the supermarket do anything about it?

A Sainsbury's customer who lost £230 Nectar points to fraudsters has been directed to the police to investigate, but it is not a recordable crime.

Smishing is used by criminals to target consumers with texts impersonating trusted organisations, and often contain a link to a fraudulent website.

Muggers stole £3,900 and used my Revolut account to buy crypto: CRANE ON THE CASE

In December, I was mugged and had my phone stolen while on a night out. Around £3,900 was transferred from my savings account to my Revolut account, where I believe it was used to buy cryptocurrency. I reported all of this to the police and to Revolut, but it has declined to reimburse me, saying I 'authorised' the transactions. The money taken was my entire savings. I have just moved out of my parents' house in to my own place and without it I'm starting to struggle financially.

Passwords are the main line of defence with online security, but many can easily be overcome by crooks. Enter the passkey, which security professionals think will be the future of digital safety.

Royal Mail is one of this country's most iconic brands, first providing services to the public under the reign of King Charles I in 1635.

I lost £900 to Booking.com scam: Holidaymakers warned of fraud ahead of summer rush

Customers of Booking.com have told how they lost money after falling for a convincing fraud perpetrated through the website's messaging app. As previously reported by This is Money, the hotel and short let website's messaging system has been infiltrated by scammers, who tell customers that they need to pay additional fees to secure their booking and pocket the cash.

Two readers have told This is Money that mobile phone contracts were opened using their name and address - leaving them on the hook when the bill wasn't paid.

Meet the scambaiters beating fraudsters at their own game... by wasting THEIR time and

In a car park somewhere on the rugged Cornish coast, a Ghanaian scammer stands shivering and confused. He has been sent here to collect the payment for 10kg of non-existent gold promised to the victim of one of his scams. The fraudster is expecting to get £234,000 in cash. It's a massive sum, by far outweighing the costs of the 6,000 mile round trip from the Ghanaian capital, Accra. But, he has been tricked by a new wave of scambaiters. Here, two scambaiters tell us their favourite techniques - and how to stay safe from scams.

Artificial intelligence, or AI, is also being used increasingly by scammers - and often in much more sophisticated ways - meaning it is important to be able to spot the signs.

Companies House is tightening the rules around registering a firm to prevent UK residents' homes being used by fraudsters without their knowledge. .

Malicious apps could be stealing your data... and official app stores aren't the safe

App stores are nothing if not unwieldy beasts. Every month, thousands of apps are added to the Google Play Store, with 62,000 apps added to the platform in November 2023 alone. Likewise, the Apple App Store saw 38,000 apps added during the same month. Unsurprisingly, with such high volumes of content, apps masquerading as legitimate can, and do, slip through the net. While the best advice is to stick to official app stores when downloading apps, it appears that this is by no means a foolproof method.

Lloyds Bank has issued a warning over a little known 'CEO fraud' impersonation scam which has seen consumers lose almost £11,000 on average in the last year.

Fraudsters have turned to creating deepfakes to steal cash, as research reveals that a third of Brits share sensitive documents unprotected online.

How to create a password that's safe from hackers in 2024

It can take less than six hours to hack 90 per cent of passwords, according to research, leaving your online identity, personal data, and bank accounts just clicks away from any hacker worth their salt. But depressingly the two most common passwords remain 'password' and '123456'. Here's how to best keep yourself cyber secure in 2024.

The five scams you've never heard of... but could get caught out by in 2024

Scammers continue to ride roughshod over the law, targeting people with phone calls, text messages, emails, social media requests and even letters. Some are easy to spot from a mile off, with many of us having been contacted by a Nigerian prince in need of help reclaiming his lost inheritance, or received a poorly-worded email warning that at least 574 viruses have been detected on our PCs. However, the vast majority are not quite so easy to spot, and fraudsters are coming up with new ones all the time. According to research from Which? shared exclusively with This is Money, there are five new scams that people should keep a keen eye out for this year.

During five years as a romance scammer, Christopher (pictured) posed as an American army man to prowl social media platforms.

Until now, the police, banks, insurance providers and fraud charities have had their own strategies and messaging to warn households.

Warning over Booking.com scam where fraudsters pose as hotels on its official message

Customers booking holiday accommodation on the website Booking.com are urged to be aware of scammers impersonating genuine hotels. We have seen messages from fraudsters which appeared on the site's secure messaging portal, asking them to make payments to secure a reservation. This is similar to a previous scam reported in October 2023, when a number of travellers also said they had received fraudulent messages asking for payment.

The bank's fraud team sampled 100 Facebook Marketplace posts - including cars, watches, games consoles, air fryers and handbags - and 34% were suspected to be fake.

From Taylor Swift tickets to Uggs… major bank lists hot scam trends for 2024

Shoppers have been warned about the purchase scams to watch out for in 2024 by Lloyds Bank. Thousands of people hunting for tickets, cars, pets, and much more were tricked into handing money over to fraudsters this year, with purchase scams soaring by 42 per cent compared to last year. These are the biggest scams shoppers need to watch out for in 2024.

Santander is blocking customer payments when shopping on Facebook Marketplace unless they tick a box saying they have seen the item they are buying in person.

Social media giants have been given six months to 'significantly' reduce the epidemic of scams on their platforms - or face action from the Government.

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