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Official cyber crime figures are ‘tip of the iceberg’ warns bluedog Security Monitoring

New figures which report a fall in ‘computer misuse’ and a rise in fraud merely serve to show that the authorities are failing to grasp the true impact of cyber crime. That’s according to cyber security expert Tim Thurlings of bluedog Security Monitoring who suggests...
Posted On 24 Jan 2020
Nick Downing
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Fraud prevention service Cifas appoints Nick Downing as chief intelligence officer

Cifas, the UK’s leading fraud prevention service, has appointed Nick Downing as chief intelligence officer. Downing was previously assistant chief constable of Kent & Essex Police, where he oversaw serious, organised, economic and cyber crime as well as being the national...
Posted On 22 Jan 2020
Sarah Hayward-Turton
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Risk Strategies: The Requirement for Resilience in the Retail Sector

Some retailers might be finding themselves hankering after the good old days when, from a security perspective, in-store theft was the major threat posed to their business. The threat landscape is continually changing and, while in-store crime is still a major issue, retailers...
Posted On 20 Jan 2020
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CPS to hire “hundreds” of new criminal lawyers across England and Wales

The body that prosecutes the majority of crimes in England and Wales has launched a recruitment campaign to hire almost 400 new lawyers by the end of June. The Crown Prosecution Service (CPS), which prosecuted 495,000 cases in 2018, was given an £85 million boost by the...
Posted On 14 Jan 2020
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International Counter Fraud Data Analytics Conference set for March

The Cabinet Office will host a two-day conference focusing on the innovative use of data and data analytics in the fight against fraud. The event will take place in Manchester on 3 and 4 March. Manchester provides a fitting setting for the event as it was home to Alan Turing, a...
Posted On 14 Jan 2020
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Fraudsters end 2019 with lighter pockets thanks to NCA’s asset denial teams

In December, the National Crime Agency (NCA) managed to claw back millions of dollars from a fraud involving no less than 700 victims. The agency’s illicit finances investigators also retrieved hundreds of thousands of pounds in two other cases where the money is believed to have...
Posted On 06 Jan 2020
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Detailed Cifas research reveals 96% spike in retail account takeover fraud

The latest research project conducted by Cifas shows that there was an overall increase in online fraudulent conduct of 9% in the first nine months of 2019 when compared to the same period the previous year. The majority of online fraudulent conduct was made up of identity fraud,...
Posted On 06 Jan 2020
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Tasking to improve fraud response issued by National Crime Agency

The National Crime Agency’s (NCA) director general Lynne Owens has issued a tasking to improve the response to fraud. The tasking, which is made under the Crime and Courts Act 2013, follows a discussion with chief constables and other partners at the National Strategic...
Posted On 23 Dec 2019
Sundeep Tengur
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Identity and Artificial Intelligence: The Recipe for a Strong Fraud Defence

Financial services event Sibos recently ran in London, with the theme for 2019 being “Thriving in a hyper-connected world”. The market has long demanded quicker and more convenient payment methods, and the industry is now answering with ubiquitous payments, but at...
Posted On 17 Dec 2019
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Fraud and false accounting charges levelled at former Serco directors by SFO

The Serious Fraud Office (SFO) has charged two individuals with fraud and false accounting in relation to its investigation into Serco’s electronic monitoring contract with the Ministry of Justice. Nicholas Woods (former finance director of Serco Home Affairs) and Simon Marshall...
Posted On 16 Dec 2019