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Island residents lose £0.85 million to scammers in 2023

Statistic highlighted in report from the Cyber Security Centre

Island residents were cheated out of more than £850,000 by scammers in 2023.

The shocking statistic is highlighted in a report from the Cyber Security Centre.

The 'Threat Report' lists some of the eye-watering figures lost to a range of online scams. They include £130,000 lost to investment scams, over £19,000 lost to text message scams and £12,000 to so-called romance scams.

Mike Haywood, Director at the Cyber Security Centre told Manx Radio the figures paint a worrying picture:

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