Bank Services: Hacking

(asked on 29th October 2018) - View Source

Question to the HM Treasury:

To ask Her Majesty's Government how much money UK banks have reported as having been stolen from customer accounts through hacking in each of the last three financial years.


Answered by
Lord Bates Portrait
Lord Bates
This question was answered on 12th November 2018

UK Finance collects voluntary information on fraudulent transactions in the finance sector, which is published on their website.

Gross losses from unauthorised fraudulent transactions going back to 2012 have been published in UK Finance’s “2017 Annual Fraud Update”.

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