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British consumers lost billlons in online scams in 2017

British consumers lost billions of pounds in online scams and attacks last year, according to a new report.

Symantec has explored the widening issue of internet scams, and found that 17 million customers were affected by cybercrime in the UK in 2017.

The figure is equivalent to around a third of the total adult population in the UK, with cyber crime estimated to have cost an eye-watering £4.6 billion.

Nick Shaw, the vice president and general manager of Norton, EMEA, said: "Consumers' actions revealed a dangerous disconnect: Despite a steady stream of cybercrime sprees reported by media, too many people appear to feel invincible and skip taking even basic precautions to protect themselves."

He added that consumers ought to pay more attention to the possibility of cyber attacks.

Shaw explained: "Consumers' actions revealed a dangerous disconnect: Despite a steady stream of cybercrime sprees reported by media, too many people appear to feel invincible and skip taking even basic precautions to protect themselves."

On a global scale, cyber crime is said to have been worth as much as £130 billion across 20 countries during 2017.

Some 978 million customers worldwide were affected by these crimes.

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