WhatsApp scams spiked by nearly 65 per cent in Ireland, Revolut warns
Revolut has highlighted that Irish consumers are being increasingly targeted by WhatsApp scams, losing on average €1,200, despite the perceived security of the encrypted messaging platform.
The bank is warning customers to be vigilant.
Revolut’s analysis showed that only those in the UK were more vulnerable to WhatsApp fraud than the Irish out of all the countries in Europe.
Ireland ranked as the second worst affected in 2024 with the rising number of WhatsApp scam cases highlighting a common misconception among consumers: encrypted messaging platforms like WhatsApp, while private, offer little protection against fraud, and are being actively targeted by criminals across Ireland.
Revolut’s analysis of fraud data across its European markets showed scams originating on WhatsApp spiked by close to 65 per cent in Ireland from H1 to H2 in 2024, while Irish cases represented 12 per cent of all fraud.
The average loss per WhatApp scam was €1,200, substantially more than the…
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