The abc of action to take against fraudsters
“banks do not accept enough responsibility for preventing and reducing online fraud”
The root of the problem is the decision made many-moons-ago to use Credit Cards for online financial transactions.
“The government must get better at explaining the tricks employed by fraudsters to target different groups, and set out clearly the action it is taking to tackle them.”
What would “the government” know about preventing online fraud. What you need to do is this:
a. Register your online bank account with a unique email address, don't use any personally identifiable information in the password recovery section of the email address, don't use this email address with any other website but the bank.
b. Enable two-factor authentication with a burner phone and don't use this phone for any other business.
c. Conduct your online banking activities from a 'computer' using a live CD.