Opened the debate
The scale and scope of cyber-fraud are growing exponentially, impacting individuals and businesses across the country. The problem is not limited to specific constituencies but affects everyone equally. During the pandemic, brand cloning scams have quadrupled, with reported losses increasing from £4 million in July to £9.4 million by October. Additionally, there has been an explosion of NHS scams preying on people's fears and concerns. The lack of a standardised response mechanism hinders effective reporting and tracking of fraud incidents.