Met Police Commissioner Sir Bernard Hogan-Howe today announced plans to develop a “world-leading unit” of police detectives to fight cyber crime. Hogan-Howe claims that traditional policing of cyber crime has failed and many victims reporting a cyber-related crime never speak to a police officer. Link to article
Category: Fraud Prevention News
When Fraud Prevention Gets in the Way
Online merchants must balance protecting customers with giving them what they want. Anyone who’s driven a car with a manual transmission understands the challenge of getting the perfect balance between the clutch and gas pedals. Too much of one or the other causes stalling and unintended traffic jams. If you leave the clutch in, the […]
New business crime strategy focuses on partnerships
The Mayor of London has published a draft document detailing his strategy for reducing business crime across the capital. The document is open for consultation over the next 10 weeks. It emphasises the key role of business crime reduction partnerships in London, and the need to support and extend them. Link to article
British businesses plagued by fraud
Identity checking website 192.com has launched the first ever Background Reports on UK residents, offering protection from deception and fraud. The reports launch as a 192.com poll found that one in 10 fake their address, 18% change their age, 28% have not been truthful about their salary or debt, and one in 10 will lie […]
Cyber Enabled Fraud – NFIB
This report contains information for law enforcement, individuals, and / or organisations that may impact on an immediate basis and aims to be issued on a weekly basis. Longer term threats have can be found in the Cyber Enabled Fraud: Horizon Scanning document, which we aim to issue on a bi-weekly basis. We have included […]
Helping SME fraud victims to get their money back
Smaller businesses can ill-afford to lose money to fraud. It costs the sector around £9.54bn a year and victims are severely disadvantaged by a lack of initial crisis help and guidance on how to get their money back. Link to article
Know your business
Fraud affects 1 in 4 small businesses every year. Last year fraud losses to SMEs were estimated at £18.9 billion. Link to article
BSI and Police work together to tackle bribery
BSI and City of London Police work together to help UK business tackle bribery. BSI and the City of London Police today announced a series of training programmes to combat the increasing prevalence of bribery and curb the number of cases affecting UK businesses. Link to article
Dot Tickets steps to tackle online ticketing fraud
British company The Dot Tickets Organisation, one of the applicants in the Internet Corporation for Assigned Names and Numbers (ICANN) process to create hundreds of new internet addresses alongside .com, has been named as the first independent company to successfully pass the stringent ICANN criteria for the “.tickets” Top Level Domain (TLD) at the end […]
Fraud squad ups property raids
The Serious Fraud Office carried out 29 property raids in the last financial year, up from three in the previous year, according to figures from law firm Pinsent Masons. The watchdog conducted eight raids on firms or individuals under investigation, and a further 21 to seize assets after conviction. The rise comes two years after […]
London police start to target pirate websites
The City of London Police has started contacting websites it believes are profiting by breaking copyright laws. The police and the National Fraud Intelligence Bureau have written to two sites known to share links to pirated copies of music, movies and games. Link to article
BTP launch crackdown on ticket fraud
British Transport Police (BTP) and the Metropolitan Police Service (MPS) Safer Transport Command have launched an operation to reduce fraud at Stratford station. Working with Greater Anglia and TfL, officers checked passenger’s tickets and made 14 arrests. 11 people had counterfeit tickets, one was arrested for travel fraud, one for immigration offences and one for […]
The 9th Annual UK Ecommerce Fraud Report
Link to article
Fraud Focus
This government is bringing a new focus to the collective response to tackling fraud. Link to article
Met calls for more regulation to stop ticket crime
The Metropolitan Police have called for new regulations and possible new legislation to tackle ticket fraud. The police authority highlights the issues around ‘ticket crime’ in a new report that capitalises on the work it undertook as part of Operation Podium to crack down on anyone selling tickets illegally for the London 2012 Olympics. Link […]
Beware debt collection phone scams!
The BBB has recently received several calls from concerned residents concerning at least two variations of this type of scam over the last two weeks. Link to article
Google To Fix Password Security
Passwords are broken. Trying to protect your digital life with an online password is sort of like protecting your front door with a lock that can be picked with credit card. But amidst all the hand-wringing about hacks at companies like Twitter, Facebook, Apple and Burger King, there is some hope: two bright engineers from […]
Forget police and contact a call centre
From the end of this month it will be almost impossible to report fraud to the police. Victims, and anyone who suspects they are being set up by fraudsters, will be told to contact a call centre or go online and submit a form to a Home Office agency called Action Fraud. Link to article
Nfib Will Finally Combat Wine Investment Fraud
The start of 2013 has heralded many good headlines about the health of fine wine investment and it’s looking like a positive year for investors. Link to article
Police dismantle ransomware cybercriminal network
Spanish Police, working closely with the European Cybercrime Centre (EC3) at Europol, have dismantled the largest and most complex cybercrime network dedicated to spreading police ransomware. It is estimated that the criminals affected tens of thousands of computers worldwide, bringing in profits in excess of one million euros per year. Link to article