Key Takeaways
- In 2023, cyber crime accounted for 41% of all police-recorded crime in England and Wales
- Action Fraud reported 800,000 cyber crime incidents in 2022/23, marking a 6% increase from the previous year
- The cost of cyber crime to the UK economy was estimated at £27 billion in 2023
- Online banking fraud losses reached £459.5 million in 2022
- Authorised push payment (APP) fraud totalled £485 million in 2022, affecting 132,000 victims
- £250 million was lost to investment scams in the first half of 2023
- Action Fraud received 765,318 reports of fraud and cyber crime in 2022/23
- 78% of cyber crimes reported to police in 2023 were fraud-related
- London saw 150,000 cyber fraud reports in 2022
- 18-24 year olds made up 22% of cyber crime victims in 2022
- Women represented 52% of romance scam victims, losing average £8,500 each
- Over-65s lost £35 million to scams in 2023, averaging £10,000 per victim
- Phishing emails targeting UK users increased by 61% to 300 million in 2023
- Malware detections in the UK hit 500 million instances in 2022
- 40% of UK phishing attacks impersonated banks
Cyber crime dominated UK crime statistics with soaring financial losses and victim counts in 2023.
Financial Losses
- Online banking fraud losses reached £459.5 million in 2022
- Authorised push payment (APP) fraud totalled £485 million in 2022, affecting 132,000 victims
- £250 million was lost to investment scams in the first half of 2023
- Romance scams defrauded victims of £74 million in 2022/23
- Purchase scams accounted for 37% of all fraud reports to Action Fraud in 2023, with losses over £100 million
- Fraud losses totalled £1.2 billion from APP scams in 2022
- Ticket scams cost UK public £7.2 million in 2023
- Crypto scams defrauded 2,500 victims of £200 million in 2022/23
- Email compromise scams lost businesses £50 million in 2023
- CEO fraud averaged £100,000 per incident in UK firms
- Authorised push payment fraud losses were £570 million in 2023 H1
- Lottery scams stole £5 million from 1,000 victims in 2023
- Grant scams cost £15 million amid cost-of-living crisis
- Rental scams affected 8,000 prospective tenants, £12m loss
- Job scams reported 25,000 times, £30m stolen
Financial Losses Interpretation
Hacking and Data Breaches
- Data breaches reported to ICO reached 2,200 in Q1 2023
- British Airways data breach in 2018 affected 400,000 customers
- 88% of data breaches involved human error or phishing
- Marriott breach leaked 339 million guest records including UK customers
- 500,000 UK records exposed in 2023 MOVEit breach
- ICO received 8,800 data breach notifications in 2022/23
- LinkedIn data scrape exposed 92% of UK users' data in 2021
- 1.5 million records stolen in Capita breach 2023
- SQL injection caused 30% of web app breaches in UK
- Electoral register data of 40 million Brits leaked online 2023
- Experian breach 2017 exposed 15m UK records
- 400,000 pension records hacked in 2023
- DDoS attacks downed 1,000 UK sites daily in 2023
- Zero-day exploits used in 20% of breaches
- Twitter API breach leaked 200m user emails incl UK
Hacking and Data Breaches Interpretation
Incident Reports
- Action Fraud received 765,318 reports of fraud and cyber crime in 2022/23
- 78% of cyber crimes reported to police in 2023 were fraud-related
- London saw 150,000 cyber fraud reports in 2022
- 1 in 2 UK adults were targeted by phishing in 2023, leading to 400,000 reports
- Ransomware incidents reported to the NCSC rose to 1,000 in 2023
- 843,000 fraud reports to Action Fraud in 2023
- Cyber-dependent crimes made up 20% of total crime in 2023
- Scotland reported 45,000 cyber crimes in 2022/23
- Northern Ireland cyber fraud up 15% to 20,000 cases
- Wales saw 60,000 online fraud incidents in 2023
- West Midlands Police logged 80,000 cyber crimes
- Greater Manchester cyber fraud up 25% to 70,000 cases
- South Yorkshire reported 30,000 phishing incidents
- Avon and Somerset saw 25% rise in BEC scams
- Merseyside cyber crime reports hit 40,000
Incident Reports Interpretation
Law Enforcement Actions
- 14,500 arrests for cyber crime in 2022/23 by UK police
- NCA seized £150 million in cyber crime assets in 2023
- 1,200 cyber crime prosecutions by CPS in 2022
- Operation Power OFF disrupted 50 cyber gangs in 2023
- £10 million invested in National Cyber Crime Unit in 2023
- Metropolitan Police arrested 2,000 for cyber offences in 2023
- £250 million frozen in fraud accounts by PSR in 2023
- 300 convictions for computer misuse act violations
- Europol-led Op Guardian dismantled 20 UK cyber rings
- NCCU identified 100 priority cyber criminals in 2023
- City of London Police recovered £50m for victims
- 500 international arrests via NCA extraditions
- Computer Misuse Act charges up 40% to 1,500
- Op Falcon nabbed 100 mule accounts holders
- £5m funding for cyber crime victim support 2023
Law Enforcement Actions Interpretation
Phishing and Malware
- Phishing emails targeting UK users increased by 61% to 300 million in 2023
- Malware detections in the UK hit 500 million instances in 2022
- 40% of UK phishing attacks impersonated banks
- Spear-phishing attacks on businesses rose 20% to 50,000 cases in 2023
- Android malware targeting UK users saw 150,000 samples in 2023
- Vishing calls targeted 70% of UK businesses in 2023
- Smishing SMS attacks up 300% to 100,000 in UK 2023
- Keyloggers detected in 20,000 UK devices monthly
- Business email compromise via malware hit 5,000 firms
- Emotet malware variant infected 10,000 UK systems in 2023
- QR code phishing (quishing) up 500% in UK 2023
- Credential stuffing attacks hit 1 billion logins
- Spyware infections rose 30% to 50,000 cases
- Fake parcel delivery phishing topped 200,000 reports
- Adware affected 15% of mobile devices
Phishing and Malware Interpretation
Ransomware
- 72% of UK organisations faced ransomware attacks in 2023
- NHS England suffered 1,675 ransomware-linked email attacks in 2022
- Average ransomware payout in UK was £500,000 in 2023
- 65% of ransomware victims paid the ransom, recovering only 60% of data
- Public sector ransomware incidents doubled to 200 in 2023
- LockBit ransomware claimed 40% of UK attacks in 2023
- Education sector hit by 25% of ransomware, costing £20 million recovery
- Conti ransomware group extorted £10 million from UK victims
- 50% of ransomware attacks used double extortion tactics
- Manufacturing sector paid average £1 million ransom in 2023
- BlackCat ransomware extorted £5m from UK healthcare
- 40% recovery time post-ransomware averaged 24 days
- Hive ransomware disrupted 30 UK councils
- Ransom demands averaged £600,000 for SMEs
- 70% of victims backed up data, reducing payouts 50%
Ransomware Interpretation
Trends and Overall Statistics
- In 2023, cyber crime accounted for 41% of all police-recorded crime in England and Wales
- Action Fraud reported 800,000 cyber crime incidents in 2022/23, marking a 6% increase from the previous year
- The cost of cyber crime to the UK economy was estimated at £27 billion in 2023
- 52% of UK businesses experienced a cyber attack in 2023, up from 31% in 2022
- Phishing attacks rose by 148% in the UK during 2022
Trends and Overall Statistics Interpretation
Victim Demographics
- 18-24 year olds made up 22% of cyber crime victims in 2022
- Women represented 52% of romance scam victims, losing average £8,500 each
- Over-65s lost £35 million to scams in 2023, averaging £10,000 per victim
- Small businesses (under 50 employees) comprised 43% of cyber breach victims
- 30% of cyber crime victims were from deprived areas in England
- 25-34 year olds were 28% of victims, averaging £3,500 loss
- Ethnic minorities over-represented at 25% of victims despite 14% population
- Self-employed victims lost £150 million in 2023
- Rural victims reported 10% higher scam rates
- Men aged 35-44 were 18% of victims
- Londoners 40% more likely to be scammed
- Charities lost £10m to cyber fraud
- Students comprised 15% of victims, £5m loss
- Disabled adults 2x more likely to be targeted
Victim Demographics Interpretation
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