UK internal fraud rises by 18%

Internal frauds have risen 18 per cent in 2014 compared with the previous year according to UK’s fraud prevention service CIFAS annual Employee Fraudscape report.

Simon Dukes, CEO of CIFAS, says: “Fraud is not just about remote attacks – some of the most dangerous threats can come from within. Internal fraud costs huge amounts in money, reputation and employee morale. Customers are also affected when their personal data is stolen by an insider.

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