Counter-fraud

Rosemary Gallagher speaks to LexisNexis Risk Solutions about protecting businesses and people from scammers set on financial exploitation

https://www.scotsman.com/business/tackling-the-growing-threat-of-financial-crime-through-technology-3933519

Fraud is both everywhere and nowhere. Everywhere in that fraud has become part of daily life – Black Friday has historically seen cyber attacks soar by 275 per cent. And it is also nowhere in that, given the scale of the problem, astonishingly little is actually being done about it. Fraud has almost become par for the course: it is largely perceived to be an irritating and – providing you don’t fall for it – inconsequential crime.

https://www.cityam.com/fraud-inevitable-crimes-scam-technology-accept/

Through December, West Mercia Police and the West Mercia Police and Crime Commissioner, will be sharing a national campaign to highlight the types of fraud that are most likely to put the public at risk in the run up to Christmas.

https://www.westmercia.police.uk/news/west-mercia/news/2022/december/12-days-of-fraud/

Fraud against the consumer is usually what makes the headlines. But the loss per fraud for businesses is typically significantly higher because fraudsters know businesses are more lucrative targets. Despite increased security measures, they will continue to try to exploit weaknesses in how a business operates.

https://ebury.com/e-blog/blog/ebury_post/its-your-business-protect-it-from-fraud/

This year will see record holiday spending—along with a surge in scam websites and products, according to a recent study. These tips can help keep you and your loved ones safe.

https://uk.pcmag.com/security/143926/black-friday-and-cyber-monday-shoppers-expect-more-fraud-than-ever

Retailers are being warned that as Black Friday approaches and online sales are set to peak, cyber fraud – which has been rising since the pandemic – is going to explode, costing many of them dearly.

https://internetretailing.net/peak/peak-2022-cyber-fraud-boom-predicted-for-black-friday-as-cash-strapped-shoppers-and-pro-scammers-get-busy/

To mark International Fraud Awareness Week (13-19 November 2022), UK Finance’s Take Five to Stop Fraud campaign and Amazon today launch the ‘Can you spot fraud?’ quiz, to help businesses, particularly small and medium sized enterprises, stay safe from fraud.

https://www.finextra.com/pressarticle/94860/amazon-joins-up-with-the-take-five-to-stop-fraud-campaign

The first ever Northern Ireland Fraud Forum Annual Conference took place in Belfast - as new figures reveal that fraud cases have risen by 17 per cent in the past nine months across the UK.

https://www.irishnews.com/news/northernirelandnews/2022/11/16/news/first_ever_northern_ireland_fraud_forum_annual_conference_takes_place_in_belfast-2906503/?param=ds441rif44T

Watchdog says department still does not understand full scale of the issue five years after it called for urgent action

https://www.civilserviceworld.com/news/article/home-office-not-leading-effective-crossgovernment-strategy-to-tackle-fraud#.Y3TEDzFtVb4.twitter

The UK needs a more streamlined way to combat fraud instead of relying on the “alphabet soup” of agencies that currently operate, Baroness Nicky Morgan has said.

https://www.cityam.com/uk-has-too-many-agencies-responsible-for-fraud-ex-culture-secretary-says/