Cyber Monday warning: One in five shoppers has lost money in online scams this year, new research finds

The FraudSMART campaign highlights the alarming statistic that one in five regular online shoppers experienced financial loss due to scams in the past year.

According to the study conducted by the FraudSMART Banking and Payments Federation Ireland, over ten percent of respondents lost more than €500, indicating severe scam impacts.

Read at Irish Independent