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Transcripts For BBCNEWS BBC 20240703

This is bbc news, the headlines. G7 Foreign Ministers meet in capri the wars in ukraine and gaza top of the agenda. Police take down an International Cyber crime gang based in the uk, accused of industrial scale fraud. The Scottish Government is moving its climate goal post, ditching its target of reducing Greenhouse Gas emissions by 75 by 2030. And why some film fans are veering away from streaming in favour of Micro Cinemas. Londons metropolitan police have infiltrated a website, founded in the uk and used to defraud victims on an industrial scale, leading to arrests around the world. Labhost enabled scammers without Technical Skills to set up fake websites designed to trick victims into revealing personal information such as email addresses, passwords and bank details. As many as 70,000 people in the uk were tricked by the scam, which allowed the scammers to steal 480,000 card numbers and 64,000 pin codes. Detectives estimate that the labhost site made nearly £1 million in profits.

Transcripts for BBCNEWS BBC News Now 20240604 11:35:00

and replaced with this message from the police to the scammers. tom symonds, bbc news, south london. joining me now isjen ellis, a cyber security expert and founder of company nextjen security. how common is it for any of us to be a victim of this type of crime? it is frighteningly common. there are estimates that fraud course the uk economy upwards of £200 billion, so that s how common it is. not all of that s how common it is. not all of that will be cyber fraud, not all of it will be using these technical platforms, but increasingly they are, whether it is phone calls or text messages or websites, in the case of labhost, and it is big

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