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FICO Fraud Map shows UK card fraud losses hit record £671 million in 2018

Analytics software firm FICO has released its annual interactive European Fraud Map, which shows that the UK’s card fraud losses hit a record £671 million in 2018. The data from Euromonitor International and UK Finance compares these losses against previous years and 18 other...
Posted On 05 Dec 2019
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Future-Proofing Cyber Security: Securing Against an Arsenal of New Technology

Artificial Intelligence (AI), machine learning, quantum computing and blockchain all have the potential to drive significant disruption in the next few years. Future-proofing cyber security against the risks of new technology, while also taking advantage of the potential it...
Posted On 25 Apr 2019
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“Identity fraud reaches record levels”: 173,000 cases reported to Cifas during 2016

Cifas, the UK’s leading fraud prevention service, has released new figures showing that identity fraud has hit the highest levels ever recorded. A record 172,919 identity frauds were recorded in 2016, which is more than in any other previous year. Identity fraud now represents...
Posted On 17 Mar 2017
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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