Crime ring steals £47m from UK tax office in phishing scam

Crime ring steals £47m from UK tax office in phishing scam
Crime ring steals £47m from UK tax office in phishing scam

Hello and welcome to the details of Crime ring steals £47m from UK tax office in phishing scam and now with the details

Nevin Al Sukari - Sana'a - HMRC deputy chief executive Angela MacDonald, speaking to lawmakers in parliament, said fraudsters masquerading as customers had managed to extract three payments, totalling £47 million. — Reuters pic

LONDON, June 5 — Organised criminals stole £47 million (RM270 million) from Britain’s tax office last year by using phishing tactics to access more than 100,000 customer accounts and falsely claim payments from the government.

A notice posted by His Majesty’s Revenue and Customs (HMRC) on the government website on Wednesday disclosed the unauthorised access and said no customers had suffered financial loss.

HMRC deputy chief executive Angela MacDonald, speaking to lawmakers in parliament, said fraudsters masquerading as customers had managed to extract three payments, totalling £47 million.

“That is a lot of money, and it’s very unacceptable,” she said.

Chief executive John-Paul Marks, speaking alongside MacDonald in what was a scheduled committee hearing on the work of the tax office, said a criminal investigation into the incident had taken place last year leading to some arrests.

“This was organised-crime phishing for identity data outwith of HMRC systems,” Marks said.

HMRC said it had written to affected customers, locked down their accounts, deleted login details and removed any incorrect information from tax records. Taxpayers did not need to take any action, it added.

“This was an attempt to claim money from HMRC, not an attempt to take any money from you,” the tax office notice said.

In a separate statement emailed to Reuters, HMRC said the incident was not a cyberattack.

“It involved criminals using personal information from phishing activity or data obtained elsewhere to try to claim money from HMRC,” the statement said. — Reuters

These were the details of the news Crime ring steals £47m from UK tax office in phishing scam for this day. We hope that we have succeeded by giving you the full details and information. To follow all our news, you can subscribe to the alerts system or to one of our different systems to provide you with all that is new.

It is also worth noting that the original news has been published and is available at Malay Mail and the editorial team at AlKhaleej Today has confirmed it and it has been modified, and it may have been completely transferred or quoted from it and you can read and follow this news from its main source.

PREV Trump and Musk alliance melts down in blazing public row
NEXT Swiss glacier collapse spurs alarm over fragile Himalayan systems and Asia’s lack of disaster readiness

Author Information

I am Jeff King and I’m passionate about business and finance news with over 4 years in the industry starting as a writer working my way up into senior positions. I am the driving force behind Al-KhaleejToday.NET with a vision to broaden the company’s readership throughout 2016. I am an editor and reporter of “Financial” category. Address: 383 576 Gladwell Street Longview, TX 75604, USA Phone: (+1) 903-247-0907 Email: [email protected]