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“£674 per minute lost to bank transfer scams” unearths staggering Which? report

Banks cannot delay tackling transfer fraud a single day longer, Which? is warning, as new research shows a staggering £674 per minute is being lost to this devastating crime. The consumer champion is calling for all banks to urgently reassure their customers that they will be...
Posted On 29 May 2019
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Retail Security: Using Technology to Boost Protection and Enhance The Bottom Line

Britain’s hard-pressed High Street retailers are in a position whereby they require real and tangible assistance in order to combat rising crime-related losses. Here, Trevor Wallace argues that the solution lies in technology that simultaneously boosts bottom line returns on...
Posted On 21 May 2019
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Gang of fraudsters jailed for 43 years in wake of Metropolitan Police Service investigation

A gang of fraudsters have been jailed for a total of more than 43 years for their parts in the theft of millions of pounds from businesses and individuals in the UK and abroad. Following on from a six-month trial, the convictions were handed down between 26 and 28 March for the...
Posted On 10 May 2019
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Synectics Solutions wins prestigious Queen’s Award for Enterprise for Innovation

Synectics Solutions – the Stoke-on-Trent based Fintech, predictive analytics and data services company – has been honoured with the prestigious Queen’s Award for Enterprise for Innovation. The award was made for the company’s “outstanding successes”...
Posted On 09 May 2019
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Companies House reforms “will do more” to safeguard personal data and combat fraud

Companies will be better protected from fraud under new Companies House reforms that “will do more” to safeguard the personal data of business owners and ensure the accuracy of the register. Business Minister Kelly Tolhurst has unveiled a substantial package of...
Posted On 07 May 2019
Jeremy Fleming speaking at CYBERUK 2019
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GCHQ director Jeremy Fleming delivers Keynote Speech at CYBERUK 2019

In his CYBERUK address to an audience of 2,500 people in Glasgow from across the tech community (including Government, academia and industry), GCHQ director Jeremy Fleming talked about the organisation’s cyber security mission in the third decade of the Internet age....
Posted On 24 Apr 2019
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“Time for police to choose how to tackle fraud” asserts detailed HMICFRS report

Most victims of fraud are not receiving the level of service they deserve, a report by Her Majesty’s Inspectorate of Constabulary and Fire & Rescue Services (HMICFRS) has confirmed. Entitled ‘Fraud: Time to Choose’, the document makes clear the choice that needs to be made....
Posted On 10 Apr 2019
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Defrauded NHS Trust recoups £1.2 million under Proceeds of Crime Act

A payment of £1.2 million has been received by Lincolnshire Partnership NHS Foundation Trust as a result of a Proceeds of Crime Act compensation order and collaboration between agencies to tackle fraud. Substantial payments have also been awarded by the courts to other NHS Trusts...
Posted On 04 Apr 2019
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Cifas members report 27% rise in false insurance claims across past 12 months

Cifas, the UK’s fraud prevention service, has released new figures showing a marked increase in the number of individuals committing insurance fraud with false claims. Between 2017 and 2018, there has been a nationwide increase of 27% in fraudulent insurance claims. The new...
Posted On 19 Mar 2019
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Compliance and procurement professionals’ confidence in decline as environmental, regulation and fraud concerns begin to escalate

Dun & Bradstreet’s 2019 Compliance and Procurement Sentiment Report finds that confidence around the effectiveness to prevent fraud, manage regulation and Brexit-related change and identify environmental, social and governance concerns has fallen. The findings show that...
Posted On 13 Mar 2019