Fraud remains a significant threat to the UK and those operating in the regulated financial industry.
Latest figures show that fraud accounts for 36 per cent of crime reported, with 3.2mn instances reported in March 24, according to the Office for National Statistics.
https://www.ftadviser.com/fca/2024/10/21/both-challenger-and-traditional-banks-need-to-do-more-to-prevent-fraud/
