Total damage due to fraud in banking in the Netherlands 2016-2020
Ever since the launch of digital payments, the payments industry tried to create a secure environment for financial transactions. The most common type of fraud in internet or online banking comes from phishing emails, a way of trying to trick people into giving secret financial information. In 2021, the share of individuals using internet banking in the Netherlands aged 25 to 35 years reached a percentage of approximately 95.1 percent.