Data on the annual value of phone banking fraud losses in the United Kingdom (UK) from 2009 to 2020. shows that the total value of annual phone banking fraud losses fluctuated overall during the period under observation, reaching a value of 16.1 million British pounds as of 2020. The largest value of phone banking fraud losses occurred in 2015, when phone banking fraud losses amounting to 32.3 million British pounds were recorded. Phone banking fraud occurs when a criminal fraudulently accesses a victim's phone banking account.
Value of annual phone banking fraud losses in the United Kingdom (UK) from 2009 to 2020
(in million GBP)
*The source adds the following information: "This fraud happens when a criminal fraudulently accesses the victim’s phone banking account. To do this the criminal needs to be in possession of specific personal and financial information about the victim, to convince the phone banking system/operator that they are the genuine account holder. A criminal will use a variety of ways to acquire information about an intended victim."
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
UK Finance. (March 24, 2021). Value of annual phone banking fraud losses in the United Kingdom (UK) from 2009 to 2020 (in million GBP) [Graph]. In Statista. Retrieved November 10, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/326204/united-kingdom-uk-phone-banking-losses/
UK Finance. "Value of annual phone banking fraud losses in the United Kingdom (UK) from 2009 to 2020 (in million GBP)." Chart. March 24, 2021. Statista. Accessed November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/326204/united-kingdom-uk-phone-banking-losses/
UK Finance. (2021). Value of annual phone banking fraud losses in the United Kingdom (UK) from 2009 to 2020 (in million GBP). Statista. Statista Inc.. Accessed: November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/326204/united-kingdom-uk-phone-banking-losses/
UK Finance. "Value of Annual Phone Banking Fraud Losses in The United Kingdom (Uk) from 2009 to 2020 (in Million Gbp)." Statista, Statista Inc., 24 Mar 2021, https://www-statista-com.ezproxy.canberra.edu.au/statistics/326204/united-kingdom-uk-phone-banking-losses/
UK Finance, Value of annual phone banking fraud losses in the United Kingdom (UK) from 2009 to 2020 (in million GBP) Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/326204/united-kingdom-uk-phone-banking-losses/ (last visited November 10, 2024)
Value of annual phone banking fraud losses in the United Kingdom (UK) from 2009 to 2020 (in million GBP) [Graph], UK Finance, March 24, 2021. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/326204/united-kingdom-uk-phone-banking-losses/
