Fraudsters are increasingly affecting bank clients. The amount of damages is rising

In the first three quarters of this year, bank fraud in the Czech Republic caused losses of 2.2 billion CZK, up from 1.5 billion CZK last year. The number of attacks increased by 7,611 to 75,637 incidents, with the average loss per client rising by a third to 29,266 CZK. Banks managed to protect clients from losses totaling 9.6 billion CZK, a year-on-year increase of 2.1 billion CZK. Despite this, the cybersecurity index remained unchanged at 62 points, indicating that while people are aware of securing their finances, they neglect other areas. Young people aged 18 to 34 scored the lowest in cybersecurity, with only 59 points, showing weaknesses in online account security and password management. Only 56% use strong passwords for online banking, and just 20% use unique passwords for different services.

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