Online scams on the rise, losses reach millions in 2025

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Online scams in Cyprus continue to rise, with authorities warning that victims come from all age groups and educational backgrounds as fraudsters adopt increasingly sophisticated methods.

Speaking to state radio, Maria Pentagiotou from the Cybercrime Subdivision said online scams are constantly evolving, with criminals adapting their tactics to deceive the public.

She stressed that prevention and public awareness remain the most effective tools against cyber fraud.

“We want people to understand that money is not earned easily and requires effort. Citizens should not trust fraudsters who approach them through messages, phone calls or emails,” she said.

No official authority asks for access

Pentagiotou warned citizens never to provide access to their devices, bank accounts or personal information.

“No official authority or service will ever ask for access to social media accounts, email accounts or banking details,” she stressed.

She added that people should always verify whether the source of communication is genuine and trustworthy before responding to any request.

According to officials, there is no specific victim profile, as online scams in Cyprus involve people of all ages and educational levels.

AI increasingly used in scams

Authorities also expressed concern over the growing use of artificial intelligence in cyber fraud schemes.

Fraudsters are increasingly using fake videos and manipulated images of politicians, journalists and actors, falsely appearing to promote investment opportunities or financial schemes.

Officials warned that such AI-generated content makes scams appear more credible and increases the likelihood of people being deceived.

“The technology, when used irresponsibly and for malicious purposes, allows criminals to deceive people more easily,” Pentagiotou noted.

Early reporting crucial

Authorities emphasised that early reporting is critical in increasing the chances of tracing suspects and recovering stolen funds.

Cases of online scams in Cyprus are investigated by district CID units with support from the Cybercrime Subdivision, particularly in serious incidents or cases involving large financial losses.

Where fraudulent websites are identified, authorities cooperate with the Digital Security Authority to block malicious links and online platforms designed solely to deceive the public.

Losses exceed €10 million in 2025

According to official figures presented, Cyprus recorded 920 online scam cases in 2025 so far.

Financial losses linked to these cases reached €10,452,540, alongside losses of $4,185,955 and £5,272.

Authorities continue urging the public to remain vigilant and report suspicious activity immediately.


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