“Whether in the real world or online, these latest fraud figures show just how important it is for consumers and businesses to know how to protect themselves against fraud. Always make sure you have the latest security software installed on your computer, so you can safely shop and bank online.

“Fraudsters can be extremely persuasive – do not be fooled. Your bank or the police will never call, visit or email you to request your PIN, collect your bank card, or ask you to transfer money to another account. Anyone attempting to do so is a fraudster.”