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Nominations for Tackling Economic Crime Awards to close on Thursday 1 August

Nominations for the inaugural Tackling Economic Crime Awards (TECAs) are set to close on Thursday 1 August. With the deadline now fast approaching, those professionals and organisations involved in tackling any area of economic crime are being encouraged to put forward their...
Posted On 05 Jul 2019
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Enterprise Security Risk Management: A Security Programme Maturity Model

As one of its stated strategic initiatives, ASIS International has been actively involved in promoting the adoption of Enterprise Security Risk Management (ESRM). ESRM is a strategic security programme management approach that ties an organisation’s security practice to its...
Posted On 05 Jul 2019
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“Unchecked conflicts of interest and ‘austerity’ fuelling corruption risks” states Fraud Advisory Panel

Domestic corruption risks in areas such as business, education, local Government and elections are neglected and poorly understood because officials focus on bribery overseas. This is the warning given by the Fraud Advisory Panel in its new report entitled ‘Hidden in Plain...
Posted On 04 Jul 2019
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Serious Fraud Office announces DPA in principle with Serco Geografix Limited

The Serious Fraud Office has announced that a Deferred Prosecution Agreement (DPA) with Serco Geografix Limited (SGL), a wholly-owned subsidiary of the Serco Group, has been approved in principle by Justice William Davis. On Thursday 4 July 2019, the SFO will apply for final...
Posted On 03 Jul 2019
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Bank of Scotland fined £45 million for failing to report suspicions of fraud at HBOS

The Financial Conduct Authority (FCA) has fined Bank of Scotland £45,500,000 for failures to disclose information about its suspicions that fraud may have occurred at the Reading-based Impaired Assets (IAR) team of Halifax Bank of Scotland. The FCA found that Bank of Scotland...
Posted On 28 Jun 2019
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“Retailers vulnerable to security threats by failing to grasp DevSecOps” states Claranet

Retailers are putting customers’ data at risk by failing to incorporate proper security controls in their new application development practices. That’s according to the latest research from Claranet. While the majority of retailers have adopted or plan to adopt a DevOps...
Posted On 07 Jun 2019
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18 arrested in UK and Romania for 20 million Euro fake train tickets scam

An organised crime group involved in railway ticket fraud has been taken down thanks to joint action by the British and Romanian authorities. Europol assisted the operation on the spot by deploying a mobile office to Romania during the Action Day. Eurojust supported the national...
Posted On 06 Jun 2019
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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