UK businesses have never been more susceptible to insider fraud as highlighted by the latest CIFAS Staff Fraud Database. This has revealed a 43% overall increase in the number of staff frauds recorded in 2012 when compared with the previous year. Link to article
Category: Fraud Prevention News
Suspended jail term for call centre worker
A man who used to work at the HSBC Bank contact centre in Swatar was yesterday given a suspended jail term after he admitted to stealing €27,000 from a customer account. Carl Vella, 28, from Mosta, who is now works as a computer salesman,used the company’s software to illegally take money from a customer’s account. […]
You’re only as good as your last prevention
The industry analogy is that fraud is like a balloon, you squeeze the fraudsters in one area and they pop out somewhere else. Link to article