Finextra - According to a survey commissioned by Internet security outfit VeriSign, one in eight of the UK's adult population have fallen victim to online ID fraud in the last year.
The YouGov survey of over 2000 Brits found that these fraud victims have had on average £463 stolen, with a quarter claiming to still be in dispute over compensation for the money taken. In total, £2.65 billion was stolen online from UK consumers in the last 12 months.
Despite the high proportion of victims, VeriSign says British Web users are conscientious when it comes to online shopping. Over three quarters (82%) of respondents claim to buy only from sites with enhanced security settings.
Young people are less likely to be hit by criminals, with only five per cent of 18 to 25 year olds stating that they have been online ID fraud victims, compared to 14% of people aged 45 to 54.
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