Private Sector

Business email compromise still most popular and most effective attack vector.

https://www.scmagazineuk.com/email-fraud-still-a-substantial-threat-to-business/article/768353/

New regulations allow directors to remove their residential address from the company register

http://www.mondaq.com/uk/x/702658/White+Collar+Crime+Fraud/Protection+Against+Identity+Fraud+For+Company+Directors

Despite potentially huge fines for non-compliance with the EU’s General Data Protection Regulation (GDPR), SMEs are more worried about the damage failure to comply will do to their reputations.

https://www.computerweekly.com/news/252441127/SMEs-more-worried-about-GDPRs-threat-to-reputation-than-fines

Email fraud attacks grew by 103 per cent year-over-year.

https://www.itproportal.com/news/british-businesses-hit-hard-by-email-fraud-attacks/

A network of Registered Bodies are to come together to form a recognised group of criminal record check professionals.

https://www.gov.uk/government/news/announcing-the-new-uk-criminal-records-trade-body-crtb

Woman from near Oswestry, was jailed for two years and eight months at Shrewsbury Crown Court for stealing from Jim Dorricott Construction Ltd of Minsterley, near Shrewsbury.

A family construction company which was defrauded out of £122,000 by its own accounts manager has said it will take until 2044 to put the company right.

https://www.shropshirestar.com/news/crime/2018/05/08/shropshire-firms-heartbreak-over-122000-fraud/

The former CFO of Autonomy, a ICAEW member, has been found guilty of fraud, after artificially increasing the company’s share price ahead of its sale to Hewlett Packard (HP)

https://economia.icaew.com/en/news/may-2018/former-autonomy-cfo-convicted-of-fraud

A former postmaster from Southampton who defrauded the Post Office out of more than £700,000 after the organisation didn’t realise one of its branches had closed, is starting a six and a half year jail sentence.

http://www.itv.com/news/meridian/2018-04-29/four-jailed-over-700-000-fraud-after-post-office-didnt-realise-a-branch-had-closed/

Just over half of IT and telecoms SMEs are targeted by fraudsters, with each case of cyber fraud costing more than £1,000, study reveals

https://www.computerweekly.com/news/252439857/Cyber-fraud-costs-SMEs-more-than-1000-per-case