
The study also found that a quarter (26 percent) of respondents believe online scams do not worry them because “these things happen”, however only a fifth (20 percent) of those people surveyed feel they fully understand how to stay safe online.
“Internet fraud is an issue no one can afford to ignore and it is by no means a victimless crime,” said Ian Larkin, managing director, consumer banking, Lloyds TSB. “Its impact stretches far beyond the customer whose money is taken and the bank it is taken from, with the proceeds often used to fund other more serious crime around the world.”
He added: “As a bank, we do everything in our power to keep fraudsters at bay by making sure our online security is second to none. But our customers also have a part to play in the fight against online crime.”