FFA UK

Financial fraud losses across payment cards, remote banking and cheques totalled £768.8 million in 2016, the latest figures from Financial Fraud Action (FFA) UK highlight. This represents an increase of 2% on the previous year. The new data also outlines the fact that banks and card companies prevented £1.38 billion…

Cifas, the UK’s leading fraud prevention service, has released new figures showing that identity fraud has hit the highest levels ever recorded. A record 172,919 identity frauds were recorded in 2016, which is more than in any other previous year. Identity fraud now represents over…

New research released by Financial Fraud Action UK (FFA UK) shows that 31% of online shoppers admit they’re more likely to take a financial risk if an online retailer offers them a bargain. This means there are potentially 15 million online shoppers who could be putting…

Financial fraud in the first half of 2016 increased by a quarter to total a staggering £399.5 million, enabled by scams and online attacks. That’s according to new figures published by Financial Fraud Action UK (FFA UK). The good news is that banks’ security systems have…

According to official figures just released by Financial Fraud Action UK (FFA UK), more than one million incidents of financial fraud occurred in the first six months of 2016. This represents a 53% increase compared to the same period last year, meaning that an incident occurred in the UK…

Millions of people in the UK are failing to take basic steps like redirecting post or updating firewalls in order to protect their identities from criminals, a new survey has shown. Indeed, the survey results have been published just as the City of London Police…