A survey by Avast and Neighbourhood Watch reveals that 92% of Brits see cybercrime as a significant threat.
Approximately 1 in 3 respondents admit to falling victim to online scams, resulting in many experiencing financial loss.
Phishing scams have surged by 466% quarter-on-quarter, attributed to criminals using AI to conduct more frequent and sophisticated social engineering attacks.
Fraudsters can now create campaigns quickly using AI tools, which previously required days of work.
Brits are losing more money to cybercrime, with 59% of victims losing up to £500.
Women tend to lose under £500, while men are more likely to suffer higher losses ranging from £501 to £2000 and beyond.
Being vigilant online is crucial as cybercriminals utilize advanced tactics and create convincing scams.
Staying cautious with unexpected communications, especially those prompting immediate action, is key in avoiding engineering attacks.
Individuals are advised to be cautious with requests from supposed family or friends due to deep-fake technologies that can clone voices and images.
Avoid clicking on links or attachments from untrusted sources and follow guidelines for creating secure passwords.
Recommendations for malware removal software, AI tools, and combating identity fraud attacks using AI are also provided.