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Credit Card Fraud Statistics Revealed in Switzerland
Swiss residents are falling victim to online scams at an alarming rate, with 4% of the population reporting being targeted by credit card fraud last year. According to a recent report by the Federal Statistics Office (FSO), this figure is significantly higher than the European average of 3%.
Common Forms of Cybercrime
The most common forms of cybercrime affecting Swiss citizens are:
- Email and social media account hacking
- Identity theft
- Credit card fraud
These threats have been exacerbated by the increasing number of people using their phones and computers to make online purchases.
Internet Usage in Switzerland
According to the FSO report, internet users in Switzerland spend an average of two-thirds of their daily time online. Additionally:
- 93% of those under the age of 55 use the internet regularly
- This has led to a higher likelihood of individuals falling prey to fraudulent activities
Switzerland is not alone in this struggle against cybercrime. Neighboring countries such as Denmark, France, and Norway have also reported high rates of credit card fraud: + 6% of Denmark’s population affected + 5% of France’s population affected + 4% of Norway’s population affected
Concerns in Switzerland
However, Switzerland’s figures are concerning due to the country’s relatively low online protection measures. In 2014, nearly three-quarters of internet users in Switzerland reported using protection software. This number has since dropped to two-thirds, leaving individuals more vulnerable to cyber attacks.
Taking Proactive Steps
As the world grapples with the increasing threat of cybercrime, it is essential for individuals and businesses alike to take proactive steps to protect themselves online. By staying informed about common scams and taking simple precautions such as: + Using strong passwords + Avoiding suspicious links
we can all do our part in reducing the prevalence of credit card fraud and other forms of cybercrime.
Sources:
- Federal Statistics Office (FSO) report on cybercrime in Switzerland
- KPMG survey on cyber attacks in Swiss companies