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Tuesday, 27 October 2026

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Money stolen by scammers hijacking UK social media accounts rises 400%

Markets Brief, UK brief (2026-10-04): The total amount stolen by criminals who hack into people’s emails and social media accounts and then pretend to be them has risen by more than 400% in a… Primary source: original at The Guardian (theguardian.com).

Money stolen by scammers hijacking UK social media accounts rises 400%

The total amount stolen by criminals who hack into people’s emails and social media accounts and then pretend to be them has risen by more than 400% in a year, official UK data shows.

In many cases, the scammers are hijacking people’s accounts in order to use their identity to sell fake event tickets – such as to sold-out gigs – to unsuspecting friends and family.

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