More than £2.2m was lost through a wide range of scams targeting people on the Isle of Man in 2024, a report has found.
Figures from the Cyber Security Centre (CSC) revealed victims lost £1.2m to investment scams, £391,674 to voice calls cons, and £45,000 through romance fraud.
More than 9,300 suspicious emails and 497 cyber concerns were logged via the centre’s reporting service during the period, marking a 50% increase on 2023.
Urging people to report concerns CSC director Mike Haywood said the data was likely to be “just the tip of the iceberg” as many scams still went unreported.
Cases of purchase scams, phishing and bank fraud were reported in the latest annual report, including an incident where one company lost £66,100 after an employee was encouraged to log into a fake banking website.
Account compromises, when unauthorized access or takeover of an online account by a third-party occurs, resulted in losses of £113,472, largely through phishing emails imitating Manx.net and Manx Telecom.
Other examples of exploitation included fraudulent websites imitating services like Isle of Man Transport, and investment fraud in which celebrities, such as Jeremy Clarkson and Richard Hammond, were impersonated by scammers.