Survey conducted in Britain has indicated that about 51% of Britons are victims of identity theft, hacking or abuse on social media as losses from online fraud hit 670 Million for a year.
According to the respondents surveyed, 51% of them said they had been a victim of this fast growing crime (online crime), a category which includes Internet-Based Fraud, ID theft, Hacking and Online abuse.
The survey further discovered that 32% of the cyber victims reported the incident to the appropriate authority while 47% of the victims did not know who to report the online crime to.
Based on the organized Action fraud by UK National fraud reporting centre and considerable government resources dedicated to combating this cybercrime, the crime is expected to reduce.
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