Rise in Social Media Hacks in the UK Highlights Cybersecurity Concerns

According to PANews, there has been a significant increase in social media hacking incidents in the United Kingdom, with cases rising from 22,530 in 2023 to 35,434 in 2024. Hackers typically gain control of social media or email accounts, impersonate users, and deceive their friends into providing security codes. Blockchain investigator ZachXBT noted that the UK imposes relatively mild penalties for cybercrimes. Even when scams are reported, perpetrators often face minimal consequences. Additionally, law enforcement agencies are struggling with resource shortages when addressing these cases.