Data on the development of telephone banking fraud cases from 2012 to 2020 in the United Kingdom (UK) shows that the number of telephone banking fraud cases increased overall with some fluctuation during this period, reaching approximately 11.2 thousand cases as of 2019, an increase of nearly 3.25 thousand cases in comparison to the prior year. By 2020, the number of cases decreased to 7.4 thousand. The largest number of cases occurred in 2015, when almost 11.4 thousand telephone banking fraud cases were recorded.
Annual case volumes for telephone banking fraud from in the United Kingdom (UK) from 2012 to 2020
The source added the following information "Telephone banking fraud occurs when a fraudster gains access to a customer’s phone banking
account and makes an unauthorized transfer of money from it."
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UK Finance. (March 24, 2021). Annual case volumes for telephone banking fraud from in the United Kingdom (UK) from 2012 to 2020 [Graph]. In Statista. Retrieved November 24, 2024, from https://www.statista.com/statistics/466644/telephone-banking-fraud-cases-uk/
UK Finance. "Annual case volumes for telephone banking fraud from in the United Kingdom (UK) from 2012 to 2020." Chart. March 24, 2021. Statista. Accessed November 24, 2024. https://www.statista.com/statistics/466644/telephone-banking-fraud-cases-uk/
UK Finance. (2021). Annual case volumes for telephone banking fraud from in the United Kingdom (UK) from 2012 to 2020. Statista. Statista Inc.. Accessed: November 24, 2024. https://www.statista.com/statistics/466644/telephone-banking-fraud-cases-uk/
UK Finance. "Annual Case Volumes for Telephone Banking Fraud from in The United Kingdom (Uk) from 2012 to 2020." Statista, Statista Inc., 24 Mar 2021, https://www.statista.com/statistics/466644/telephone-banking-fraud-cases-uk/
UK Finance, Annual case volumes for telephone banking fraud from in the United Kingdom (UK) from 2012 to 2020 Statista, https://www.statista.com/statistics/466644/telephone-banking-fraud-cases-uk/ (last visited November 24, 2024)
Annual case volumes for telephone banking fraud from in the United Kingdom (UK) from 2012 to 2020 [Graph], UK Finance, March 24, 2021. [Online]. Available: https://www.statista.com/statistics/466644/telephone-banking-fraud-cases-uk/