Research, Survey and Statistics

Banks and card companies prevented £1.46bn in financial fraud attempts over 2017, equivalent to £2 in every £3 of attempted fraud being stopped, but UK Finance data also showed £967.8m was lost to the practice.

http://www.yourmoney.com/credit-cards-loans/almost-1bn-lost-fraud-2017-uk-finance/

More than £7 million has been stolen from Scottish businesses and individuals through cybercrime in less than a year.

https://www.sundaypost.com/fp/more-than-7-billion-stolen-in-cyber-fraud-in-scotland/

Criminal activity results in average losses of around £72,000, research reveals

http://www.independent.co.uk/news/business/news/fraud-financial-crimes-hacking-cyber-criminals-pwc-research-study-a8221366.html

The UK findings from PwC’s 2018 Global Economic Crime Survey (GECS) confirm that fraud is continuing to run at high levels, with respondents’ experiences showing a shift towards technology-enabled crime, bribery and procurement fraud.

https://www.pwc.co.uk/services/forensic-services/insights/global-economic-crime-survey-2018---uk-findings.html

Nearly 6 out of every 10 (58%) of the UK's SMEs do not know who the relevant authorities are to help them deal with fraud, according to research from Close Brothers Asset Finance.

https://www.retailtechnologyreview.com/articles/2018/01/30/fraud-authorities-not-visible-enough-to-uk-smes/

Microsoft’s Digital Civility Index, which looks at negative behaviour on the internet and its consequences, revealed that 22% of people who responded to the survey had been the target of such illegal activity online.

https://news.microsoft.com/en-gb/2018/02/06/hoaxes-scams-and-frauds-among-biggest-complaints-from-uk-internet-users-microsoft-research-reveals/

The incidence of Fraud continued to climb this year. Overall, 84% of surveyed execs report their company fell victim to at least one instance of fraud in 2017, up from 82% in 2016 representing a continuous, year-in-year rise since 2012, when the reported incidence was 61%.

https://www.kroll.com/en-us/global-fraud-and-risk-report-2018

New hot spots of fraud are seen in the data with the East Midlands showing significant signs of growth. Younger generations are more than twice as likely to be a victim of fraud than older generations.

https://engage.experian.co.uk/uki-fraud-report-2017/?utm_source=twitter&utm_medium=socialorganic&utm_campaign=fraud

Estimates from the Crime Survey of England and Wales (CSEW) indicate 4.7m incidents of fraud and computer misuse were experienced by adults in the year ending September 2017, marking a 15 per cent decrease from the previous survey year.

http://www.cityam.com/279460/fraud-incidents-uk-decline-computer-viruses-become-rarer

Key survey findings show all-time high incidence levels. Businesses reported all-time high levels of fraud (84%), cyber (86%), and security (70%) incidents.

https://www.kroll.com/en-us/global-fraud-and-risk-report-2018