Managers Are the Most Targeted. Here're Expert Tips On Avoiding Online Scams
Business owners have been warned to keep their guards up as the latest figures highlight a 35% increase in the number of fraud cases against UK businesses in the first half of 2021. Named ‘fraud capital of the world’, total losses have crept to almost £3bn a year in the UK!
But who falls victim to scams the most?
Intrigued, Claims.co.uk examined official ONS survey data from 33,735 people over the age of 16, to uncover the most common characteristics of fraud and computer misuse victims.
With scammers on the rise, a cybersecurity expert’s tips on keeping personal details safe online were also obtained.
Individuals who fall victim to fraud possess THESE characteristics:
The study can reveal that those with higher social status are the most likely to be scammed, with 8.1% of victims being professionals and managers.
Additionally, people who are out of home for the longest hours (7 hours or more) are the most susceptible to fraud (7.4%) than those who leave home for only less than three hours per day (5.6%).
Age group | % of fraudvictims |
| Occupation | % of fraudvictims |
| Hours out of home on an average weekday | % of fraudvictims |
| Number of evening visits to bar in last month | % of fraudvictims |
45-54 | 7.7 |
| Managerial/profess-ional occupations | 8.1 |
| 7 hours or longer | 7.4 |
| 4+ times a month | 7.9 |
55-64 | 7.3 |
| Intermediate occupations | 7.1 |
| 3 hours or more but less than 7 hours | 6.5 |
| 1-3 times a month | 7.8 |
25-34 | 7.2 |
| Routine & manual occupations | 5.4 |
| Less than 3 hours | 5.6 |
| None | 5.5 |
35-44 | 7.1 |
| Full-time students | 5.3 |
| ‘’ | ‘’ |
| ‘’ | ‘’ |
16-24 | 6.4 |
| Not classified | 5.2 |
| ‘’ | ‘’ |
| ‘’ | ‘’ |
Contrary to popular belief that the elderly are more vulnerable to scams, Gen X are also the most reckless, with those aged between 45 to 54 years old (7.7%) falling victim to fraud the most! This is 2.2% more than those between 65 to 74 years old (5.5%).
The most common amount of financial loss suffered by victims is revealed to be around £100 to £249 (21.8%), while the biggest loss recorded (£40,000 or more) was only suffered by 0.5% of those scammed.
Individuals who fall victim to computer misuse possess THESE characteristics:
Professionals and managers (2.3%) are also the most common victims of computer misuse, followed by full-time students (1.8%).
Data also reveals that online users aged between 25 to 34 years old (1.9%) are the most susceptible to cyber-crime.
Age group | % of computer misuse victims |
| Occupation | % of computer misuse victims |
| Marital status | % of computer misuse victims |
25-34 | 1.9 |
| Managerial/professional occupations | 2.3 |
| Single | 1.9 |
16-24 | 1.8 |
| Full-time students | 1.8 |
| Cohabiting | 1.8 |
35-44 | 1.8 |
| Intermediate occupations | 1.4 |
| Divorced | 1.6 |
55-64 | 1.8 |
| Not classified | 1.2 |
| Married/civil partnered | 1.5 |
45-54 | 1.4 |
| Routine/manual occupations | 0.9 |
| Separated | 1.4 |
Moreover, data also reveals that laptops (53.4%) are the most popular device targeted by cybercriminals, followed by desktop computers (31.9%) and mobile phones (7.9%).
Households who fall victim to fraud possess THESE characteristics:
The study can also reveal that fraudsters seem to target single adults with children (8.9%) the most, with adults without kids (6.4%) being the least likely to get scammed.
Data also shows that South East residents are the most at risk of fraud in the UK, with 8.8% of respondents admitting to being scammed. This is 5% more than in the North East (3.8%) and 3.4% more than in Wales (5.4%).
Tips to Mitigate and Avoid Online Frauds
As online scams become increasingly sophisticated, Jon Dukes, head of IT at DVAD, offered guidance on how to keep personal details safe online:
1. Create memorable passwords and two-factor authentication wherever possible
It is now widely accepted that using complex passwords (a mixture of standard characters, numbers, and special characters) is not as useful as using four random words. This provides better password entropy whilst making it less likely that people will write down their passwords for others to find!
Adding two-factor authentication to online accounts also adds an extra layer of protection by requesting information beyond just a username and password.
2. Always keep your devices updated
Every electronic device (tablet, mobile phone, laptop) uses a software operating system. These operating systems regularly release software updates to help keep your device protected from viruses, and should be installed as soon as possible. This is to prevent scammers from accessing your personal information through new malware developments.
3. Do not open unsolicited emails
Many fraudulent transactions start with a phishing email, so avoid opening any unexpected emails - even if they look trustworthy!
Links within these emails should also be ignored as they can automatically infect your device with malware.
Banks, insurance companies and government bodies will not send emails asking users to confirm any of their personal information.
4. Install anti-virus software
All your electronic devices should have up-to-date anti-virus software installed to prevent personal information from being stolen by scammers.
Anti-virus software with additional anti-spyware capabilities will also further prevent unsolicited programs from tracking your online activity, and scanning your devices for personal information such as bank details.
