The move away from cash has led to an explosion in financial fraud since the covid 19 pandemic.
According to the Irish Independent there’s been a 560% increase in the number of bank accounts taken over by fraudsters.
While online scams where somebody pretends to be a reputable company – known has phishing – is up 417%.
The figures were released by the Department of Justice to Donegal Deputy Pearse Doherty, who says a national strategy must be developed due to the growing threat.
