New Zealanders lost more than $5m to online scams, fraud over three months | 1 NEWS

 New Zealanders lost more than $5m to online scams, fraud over three months | 1 NEWS

New Zealanders have lost more than $5 million to online scams and fraud this quarter — more than any other this financial year, according to online safety helpline Netsafe.

Netsafe received 5295 reports over a variety of online harm incidents — including bullying, abuse, objectionable content and scams —between January and March this year, according to its quarterly report.

While the data showed a nearly 25 per cent decrease in overall scam reports in the past quarter, it saw a 21.3 per cent increase in the amount lost to scammers, with more than $5.3 million reported.

The average loss was $6467.22 — a more than 50 per cent increase.

“Nearly $15 million has been reported as lost to scammers this year, which is an alarming trend,” Netsafe CEO Martin Cocker said today.

Approximately $19 million was reported in the last financial year.

The most reported category related to relationship and trust fraud, followed by consumer…

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