Data on the annual total value of losses related to "Lost or Stolen" fraud* on UK-issued debit and credit cards in the United Kingdom (UK) from 2002 to 2020 shows that the annual losses on counterfeit plastic cards fluctuated overall during the period under observation, reaching a value of 78.9 million British pounds as of 2020. The largest annual value of "lost or stolen" fraud losses was found in 2004, when losses amounting to 114.4 million British pounds were recorded.
Value of annual "Lost or Stolen" fraud losses on UK-issued debit and credit cards in the United Kingdom (UK) from 2002 to 2020
(in million GBP)
* This category covers fraud on cards that have been reported by the cardholder
has lost or stolen. Lost and stolen cards can be used in shops that do not have
chip and PIN, or to commit a fraudulent telephone, internet or mail order
transaction. If the PIN is also obtained, the card could be used in a shop or cash machine.
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UK Finance. (March 24, 2021). Value of annual "Lost or Stolen" fraud losses on UK-issued debit and credit cards in the United Kingdom (UK) from 2002 to 2020 (in million GBP) [Graph]. In Statista. Retrieved November 10, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/286259/united-kingdom-uk-lost-or-stolen-fraud-losses-on-plastic-cards/
UK Finance. "Value of annual "Lost or Stolen" fraud losses on UK-issued debit and credit cards in the United Kingdom (UK) from 2002 to 2020 (in million GBP)." Chart. March 24, 2021. Statista. Accessed November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/286259/united-kingdom-uk-lost-or-stolen-fraud-losses-on-plastic-cards/
UK Finance. (2021). Value of annual "Lost or Stolen" fraud losses on UK-issued debit and credit cards in the United Kingdom (UK) from 2002 to 2020 (in million GBP). Statista. Statista Inc.. Accessed: November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/286259/united-kingdom-uk-lost-or-stolen-fraud-losses-on-plastic-cards/
UK Finance. "Value of Annual "Lost or Stolen" Fraud Losses on Uk-issued Debit and Credit Cards in The United Kingdom (Uk) from 2002 to 2020 (in Million Gbp)." Statista, Statista Inc., 24 Mar 2021, https://www-statista-com.ezproxy.canberra.edu.au/statistics/286259/united-kingdom-uk-lost-or-stolen-fraud-losses-on-plastic-cards/
UK Finance, Value of annual "Lost or Stolen" fraud losses on UK-issued debit and credit cards in the United Kingdom (UK) from 2002 to 2020 (in million GBP) Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/286259/united-kingdom-uk-lost-or-stolen-fraud-losses-on-plastic-cards/ (last visited November 10, 2024)
Value of annual "Lost or Stolen" fraud losses on UK-issued debit and credit cards in the United Kingdom (UK) from 2002 to 2020 (in million GBP) [Graph], UK Finance, March 24, 2021. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/286259/united-kingdom-uk-lost-or-stolen-fraud-losses-on-plastic-cards/