Mike Haley: CEO at Cifas
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Cifas data reveals alarming 24% rise in under-21s falling victim to identity fraud

Cifas, the UK’s leading fraud prevention service, has released startling figures showing a marked increase in the number of young people falling victim to identity fraud. The new figures reveal that Cifas members identified a 24% increase in cases of under-21-year-olds falling...
Posted On 12 Oct 2018
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Banking Protocol’s introduction prevents £25 million in fraud and leads to 197 arrests

Figures published by UK Finance have revealed that £24.7 million of fraud has been prevented and 197 arrests made thanks to the introduction of the Banking Protocol, a ground-breaking scheme aimed at identifying and protecting potential fraud victims when they visit a bank or...
Posted On 25 Jun 2018
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Action to combat online fraud “must favour customers” urges Public Accounts Committee

In its latest report focusing on cyber fraud, the Public Accounts Committee of Parliament recognises that Government accepts there’s still an “enormous amount of work” to be done to fight the fraudsters, with the Committee itself urging banks to shoulder more...
Posted On 07 Dec 2017
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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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“Scams and online attacks drive increase in financial fraud” reports Financial Fraud Action UK

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...
Posted On 12 Oct 2016
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“Financial fraud incidents rise by 53% in first half of 2016” reports FFA UK

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 inciden...
Posted On 26 Sep 2016