Counter-fraud

IFED is now targeting the age group in the second phase of ‘Steer Clear of Fraud’ via sharing information and leaflets with police forces nationally, campaigning on social media and attending events at universities across the country.

https://www.insuranceage.co.uk/insurer/3600171/police-launch-second-phase-of-campaign-against-ghost-broking

Fraud, like the mythical Hydra of Ancient Greece, is a many-headed foe that is capable of disrupting society in a number of ways

https://www.raconteur.net/risk-management/fraud-destabilise-global-economies

Analytics, combined with machine learning and artificial intelligence (AI), now offers a viable solution that allows service providers to proactively combat fraud before it occurs

https://www.vanillaplus.com/2018/09/14/41873-ai-already-delivering-savings-fight-fraud/

Artificial intelligence and machine-learning are fast becoming essential weapons in the war on fraud

https://www.raconteur.net/risk-management/artificial-intelligence-fight-fraud

The Court of Appeal overturned a controversial ruling by the High Court from May 2017, which threatened to have significant implications for companies carrying out internal investigations.

https://www.lawyer-monthly.com/2018/09/enrc-wins-landmark-court-of-appeal-privilege-case-against-sfo/

While fraud may be a human problem, the right technology can help businesses and individuals fight back.

https://www.itproportal.com/features/old-tricks-for-new-targets/

Hailed as a tamper-proof public ledger, blockchain is a welcome weapon in the fight against fraud, but it is not the panacea some believe it to be

https://www.raconteur.net/risk-management/blockchain-fraud-prevention

The Right Honourable Dominic Grieve QC MP has been announced as the first patron of the independent fraud watchdog Fraud Advisory Panel.

https://www.fraudadvisorypanel.org/wp-content/uploads/2018/09/Press-release-new-patron-Final-07Sept18.pdf

One in ten adults have been victims of card or account fraud in the past year, losing a combined total of more than £2bn – a rise of almost 40% on the previous period – yet many are not taking basic steps to protect themselves.

http://www.heraldscotland.com/business_hq/16598870.never-use-public-wi-fi-or-shared-computers-to-access-banking-apps-or-make-payments/

Changes in the words we use and the ways we communicate may make it even trickier to ferret out financial malfeasance.

https://www.journalofaccountancy.com/issues/2018/aug/how-language-affects-fraud-risk.html