Safer Internet Day: Two Million Brits Victims of Financial Identity Fraud
A new report suggests nearly 2 million UK adults have had their identity stolen and used by fraudsters to open a financial account in 2023
The Victims tag covers people and organizations harmed by cyberattacks, including breaches, scams, malware, identity theft, and data exposure.
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Background for this topic.
Victims are people, organizations, or public bodies that suffer harm from cyber-enabled activity, such as account compromise, fraud, unauthorized data access, malware, or service disruption. The term may describe both the directly compromised party and individuals whose information, devices, or accounts are affected through an incident involving another organization.
For security practitioners, victim impact guides triage and response: identify affected systems and data, contain access, preserve evidence, and restore trustworthy operations. Exposed personal or confidential information can create privacy and notification obligations, while compromised credentials or devices may enable further attacks against the victim or its contacts. Recording victim details in threat intelligence—such as the targeted sector, initial access method, and affected assets—can help identify campaigns and improve controls. Clear communication and support also matter, because victims need accurate guidance on credential resets, account monitoring, fraud reporting, and available remediation.
A new report suggests nearly 2 million UK adults have had their identity stolen and used by fraudsters to open a financial account in 2023