Hacking, Fraud & Scams: The Biggest Cyber Threats in the UK

Cybercrime is always on the rise in the UK. It can happen to anyone, from unfortunate accidents in schools to major breaches in corporate firms.

Spotting the signs can be difficult, but staying vigilant is absolutely essential for anyone who uses the internet. To protect yourself from identify theft and financial losses, it’s worth knowing more about the most common cyber threats.

1. Phishing scams

Phishing is a tactic that’s commonly used by cybercriminals.

These scam attacks usually involve fake emails, text messages or pop-ups on websites that are designed to deceive. Phishing hackers try to trick people into revealing personal information like bank details or passwords.

Phishing attempts usually try to take the appearance of trusted organisations like delivery companies, government agencies, banks, and local authorities.

If you ever receive an email or text that asks you to do something urgently, you should remain cautious. Double-check the sender’s email address and learn more about how to spot a scam email to stay prepared.

2. Online fraud and scams

From investment scams to romance fraud, the internet is plagued with people pretending to be someone or something else. Victims are frequently tricked into sending money or providing financial details, which results in hackers accessing bank accounts and savings pots.

Cryptocurrency scams are also on the rise in the UK, with investment scams stealing an estimated £56 million in the first half of 2024 alone. These can take several forms, including:

• Romance crypto scams: Where cybercriminal pretend to be an online love interest before asking for money
• Giveaway scams: When cybercriminals lure their victims into sending money in exchange for cash or commodity prizes.
• Social media: When a fake social media profile, post or advert requests payment in cryptocurrency.

3. Hacking and data breaches

Hackers are always on the lookout for vulnerable targets. Whether you’re using the internet for personal shopping or business research, keeping secure accounts is imperative for your safety.

Cybercriminals easily manipulate personal information to guess passwords. Others know how to hijack outdated software and browsers to exploit vulnerabilities, often accessing personal login details and other confidential files like financial records.

Implementing two-factor authentication helps to bolster online accounts across platforms. Additionally, using a strong password generator could help you to set indecipherable passwords.

4. Ransomware attacks

Ransomware attacks involve malicious software used to lock users out of their own computers or systems. The attackers then demand a ransom, blackmailing the victim in exchange for releasing their data back.

This type of attack is unfortunately common in professional settings like hospitals and public businesses, subsequently causing major disruption. Additionally, victims can still be denied access to their systems after paying the ransom. This leaves companies incredibly vulnerable to further attacks.

You can keep yourself and your company protected by backing data up regularly and using the best possible security measures.

As criminals learn new techniques, hacking attempts become more sophisticated. Even at home, individual users are not safe. But with knowledge, training and the right awareness, people across the UK can learn how to keep sensitive data safe.