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Tech companies should help to reimburse the victims of social media purchase scams, bosses at Barclays have said. It comes as data from the bank revealed a jump in the number of social media scams affecting British shoppers. Purchase scams, where people buy good which never arrive or are not as advertised, now account for two thirds of all reported scams, according to the research. Barclays said that 88% of these scams, which cause victims to lose £1,000 on average, start on social media platforms. The bank has called for more to be done in order to prevent these scams, demanding further action from social media companies and politicians. It has called for a victim reimbursement fund to be financed by all firms whose systems and platforms are used to perpetrate scams, including tech companies and banks, as part of four recommendations. Currently victims are only reimbursed by funding from banks, Barclays said. The banking giant also called for the creation of a cross-Government group within the Home Office to deal with the issue in order to coordinate regulators, policy makers, industry groups, and companies across different sectors. The prevention of scams should also be made mandatory, particularly for tech companies, in a shift from current voluntary measures, it added. Barclays also urged the Government to make organisations publish their scams data in order to inform consumers of the risks involved in using their platforms. Matt Hammerstein, chief executive officer of Barclays UK, said: “With so much of everyone’s lives now being online, from staying connected with friends and family, to shopping, it’s important that people feel safe on the platforms they use. “Our data shows that tech platforms, particularly social media, are now the source of almost all scams. “However, there is no current legislative or regulatory framework obliging the tech sector to support the prevention of these crimes, as there rightly is for banks. “We can only drive back this epidemic, and protect UK competitiveness, by stopping scams at their source, preventing the flow of funds to organised crime.” Read More Charity boss speaks out over ‘traumatic’ encounter with royal aide Ukraine war’s heaviest fight rages in east - follow live Hozier would consider striking over AI threat to music industry Snapchat experiences ‘temporary outage’ as My AI chatbot posts own Story Crime victims’ data revealed by two police forces in FoI responses

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An ancient egg-laying mammal named after Sir David Attenborough that was thought to be extinct is actually alive and well, scientists have proved. Attenborough’s long-beaked echidna, which is thought to have been around since the dinosaur era, was caught on camera by an Oxford University expedition to Indonesia. The spiky, furry, beaked creature has been described as a “living fossil” because of how long it has been walking the Earth, about 200m years. Until the video, scientists had relied on a dead, decades-old museum specimen of the creature, as evidence that it was still around. Dr James Kempton, who led the expedition, said: “I was euphoric, the whole team was euphoric.” “I’m not joking when I say it came down to the very last SD card that we looked at, from the very last camera that we collected, on the very last day of our expedition.” Dr Kempton said he had been in touch with Attenborough about the rediscovery, and that the broadcaster was “absolutely delighted”. The expedition also discovered new species of insects and frogs on the trip, which took them through previously unexplored stretches of the Cyclops Mountains, a steep, high-altitude area of Papau, Indonesia. Scientists were twice affected by earthquakes over the course of their expedition, and had to climb narrow ridges with cliffs either side, often in heavy rain. Dr Kempton added: “You're slipping all over the place. You're being scratched and cut. There are venomous animals around you, deadly snakes like the death adder. “There are leeches literally everywhere. The leeches are not only on the floor, but these leeches climb trees, they hang off the trees and then drop on you to suck your blood.” He said he hopes the rediscovery will help promote conservation efforts in the Cyclops Mountains. The species is not currently protected in Indonesia, and scientists don’t know how many there are. “Given so much of that rainforest hasn't been explored, what else is out there that we haven't yet discovered? The Attenborough long-beaked echidna is a symbol of what we need to protect - to ensure we can discover it.” How to join the indy100's free WhatsApp channel Sign up to our free indy100 weekly newsletter Have your say in our news democracy. Click the upvote icon at the top of the page to help raise this article through the indy100 rankings.

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