Recent research indicates that online scams have significantly impacted consumers in the UK, with more than 6 million individuals losing money to these fraudulent activities over the past year. The consumer group Which has reported that four out of five people have experienced scams while shopping, underscoring the prevalence of fraud despite commitments from major tech companies to enhance security measures. Additionally, UK businesses have faced substantial financial losses due to cyberattacks, amounting to approximately £44 billion ($55 billion) over the last five years. More than half of private sector companies in the UK have reported being victims of at least one cyberattack, with compromised emails and data theft being the most common causes. The average cost of a data breach in 2024 is nearly $5 million, reflecting a 10% increase from the previous year.