Counter-fraud

Newly published data collated by the National Fraud Intelligence Bureau shows a huge spike in fraud and cybercrime so far in 2021.

https://digit.fyi/uk-suffers-1-3bn-in-losses-to-fraud-and-cybercrime-this-year/#.YS-_sbwa3no.twitter

The National Fraud Initiative (NFI) has detected or prevented more than £2bn of fraud since it was launched 25 years ago.

https://www.yourmoney.com/credit-cards-loans/anti-fraud-scheme-prevents-2bn-of-fraud/

London Fraud Forum (LFF), the membership organisation which brings public, private and third sectors together to fight fraud, has announced that following the lifting of COVID-19 restrictions, it will return to hosting its 15th annual conference as an ‘in-person’ event after moving the conference online in 2020. The popular one-day conference will take place on Thursday 14th October 2021, at Guildhall, London.

https://thefintechtimes.com/london-fraud-forum-returns-to-an-in-person-event-for-its-15th-annual-conference/

This document sets out the government’s plan to deliver the change that Britain needs, with less crime, fewer victims, and a safer country.

https://www.gov.uk/government/publications/beating-crime-plan

Police have been authorised to employ 20,000 to assist in combating of crime. One of their first targets is domestic burglary, which we can agree is a horrible crime causing financial and emotional deep distress.

https://www.finextra.com/blogposting/20726/app-and-account-take-over-fraud-online-an-untenable-pariah

Few organisations operating in the key areas of consumer protection and consumer information have performed as poorly in recent years as Action Fraud, the police's national fraud reporting service.

https://www.thisismoney.co.uk/money/comment/article-9847003/JEFF-PRESTRIDGE-right-axe-Inaction-Fraud-whats-next.html

A couple from North Yorkshire have spoken out after becoming victims of online scammers.

https://www.itv.com/news/calendar/2021-08-03/former-ripon-mayor-speaks-out-after-being-targeted-by-online-fraudsters

Fraud and hacking soared during the pandemic as criminals “took advantage of behavioural changes” while reports of domestic abuse-related offences also rose, official figures show.

https://www.policeprofessional.com/news/substantial-rise-in-fraud-and-hacking-during-coronavirus-pandemic/

Fraud examiners understand that investing in fraud prevention and deterrence, along with resources to help investigate fraud, is pivotal for organizations of any size. When the COVID-19 pandemic hit, fraudsters pounced on new opportunities created by the changing economic and working environments. However, along with an increase in fraud, many anti-fraud professionals saw their organizations cutting back on budgets during this time due to the shifting economy. If convincing their C-suite to invest in anti-fraud resources was difficult before, the pandemic likely made that task even more challenging.

https://www.fraudconferencenews.com/home/2021/7/5/advice-from-the-c-suite-stay-skeptical

The pandemic has changed various aspects of our lives and driven us online to shop, invest and date. Fraudsters have sought to take advantage of our evolved ways of living and working, playing on emotions and exploiting vulnerabilities – especially online. Unsurprisingly, the number of fraud and computer misuse offences surged in 2020 across the UK. However, statistics also show methods of combating fraud are working

https://www.raconteur.net/infographics/fighting-fraud-during-the-coronavirus-crisis/