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“Fraud in charities sector hits ten-year high” reports BDO Fraud Track analysis

The cost of fraud to the charities sector hit a ten-year high last year, according to analysis undertaken by accountancy and business advisory firm BDO. Reported fraud within charities soared by £11 m to £20 million in 2018 – an increase of more than 120% and the highest reported...
Posted On 25 Oct 2019
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Iconic British brand BAE Systems extends partnership with Zurich UK to fight fraud

BAE Systems has secured an extension to its eight-year partnership with Zurich UK, the UK subsidiary of the global insurance group. From this month, BAE Systems will provide Zurich UK with its NetReveal Property & Casualty Fraud solution for deployment across multiple...
Posted On 15 Jan 2019
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FFA UK’s latest industry statistics show financial fraud losses totalling £768.8 million in 2016

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...
Posted On 30 Mar 2017
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“Companies failing to use technology in the fight against fraud” reports KPMG

Technology is proving business’ Achilles Heel in the fight against fraud. New research conducted by KPMG reveals that, while a quarter of fraudsters use technology to “rip off” companies, only 3% of businesses detected illegal behaviour using data analytics. In fact,...
Posted On 01 Jun 2016