“The impact goes beyond financial loss; it can cause huge emotional harm, leaving victims burdened by guilt and shame, which is why we must tackle the problem at its source to protect consumers,” said Paul Davis, head of economic crime at Barclays. Experts believe the majority of scams are unreported, so do not even register in the statistics.
CLICK HERE to read the FULL Surge in scams as fraudsters use AI to target people – BBC article.
Protect your SIM card with a PIN so that if your physical phone is stolen, the thief cannot simply move your SIM to another device to receive your banking OTPs.