According to the report, the total value of payment fraud across the European Economic Area rose to 4.2 billion euros in 2024, up from 3.5 billion euros in 2023.

Consumers must ensure e-shops use secure payment methods and verify that the website employs HTTPS/SSL encryption.

Cyber Monday brings risks, with consumer advocates warning that shoppers are especially vulnerable to misleading offers, with uncertified sites and vague contact information often signaling potential fraud.

A new survey reveals that many Greek shoppers lack confidence in spotting online fraud during Black Friday, with some losing over €1,000 to scams despite growing awareness

Never share your bank or card details through social media. If someone asks for a bank transfer, it’s almost certainly a scam.

Telephone scams remain the most common form of fraud, with organized networks posing as relatives, doctors, utility employees, accountants, bankers, or even police officers.

A scammer reaches out via WhatsApp, Telegram, text message, or social media.

The Bank of Greece has reported a total of 349,000 fraud incidents related to electronic transactions, marking a 4% increase compared to 2023.

According to the Ministry's announcement, unsuspecting citizens were being urged to visit a specific website to check for their so-called "unclaimed benefits."