Entries by John Heslop

CIFAS Fraudscape 2019

Fraudscape provides fraud and financial crime professionals, law enforcement, journalists, and HR professionals with an accurate summary of fraud risk and fraudulent attempts made in the UK. Cifas Fraudscape 2019 Full Digital Report

CIFAS Report – Fraud continues ‘inexorable’ rise in the UK as new annual figures show 6% increase

Identity fraud reaches record highs, with plastic cards and online retail hardest hit Over 60s and under 21s increasingly targeted age groups, seeing significant increases in victims Just under 190,000 cases of identity fraud reported in 2018 – an unprecedented amount Cifas, the UK’s fraud prevention service, today paints an alarming picture of fraud in […]

How a ransomware attack cost one firm £45m

When malicious hackers disable your business and demand a ransom, should you pay up? Many firms do out of desperation, turning to intermediaries to help broker the deal. But law enforcement says this just makes things worse. Imagine the excitement when hackers gained a foothold in the computer system of Norsk Hydro, a global aluminium […]

HMRC Alert

HMRC Alert What you need to know Action Fraud has experienced an increase in the reporting of malicious calls and voicemails, to members of the public purporting to be from Her Majesty’s Revenue & Customs (HMRC). Fraudsters are spoofing genuine HMRC telephone numbers to deceive their victims over the phone. The fraudsters state that as […]

Courier Fraud Alert – 04/06/2019

Courier Fraud Alert   Courier Fraud, Bogus Police and Bank OfficialsAlert What you need to know Individuals have been receiving phone calls from people claiming to be a police officer or banking official The suspect will say either: There has been fraudulent activity at the victims’ bank and the staff at the bank are involved, […]

And the industry sector most vulnerable to cyber attacks goes to… (drum-roll, please!)… Finance

After a short hiatus, finance has returned as the most attacked industry sector in the EMEA, mainly thanks to web application attacks, says research According to the NTT Security‘s 2019 Global Threat Intelligence Report, the finance industry in EMEA accounted for 30% of all attacks – compared to 17% globally, reinforcing its vulnerability to cybercrime. As such, […]

Tens of thousands of fraud victims are being failed by police as officers routinely drop probes because the crime ‘doesn’t bang, bleed or shout’

Fraud victims are being betrayed by police who fail to investigate tens of thousands of swindlers. Officers routinely drop probes into bank scams, which cost the UK £190billion a year, because the crime does not ‘bang, bleed or shout’, a damning report has warned. Incredibly, one force dropped 96 per cent of cases it received from […]

Tackling Economic Crime Awards (TECAs)

Tackling Economic Crime Awards (TECAs) launched Today (5th March 2019) saw the launch of the Tackling Economic Crime Awards (TECAs). Economic Crime has a significant impact on the UK economy; with an estimated 3.24 million fraud offences taking place year ending March 2018 (Office of National Statistics 2018).  These new awards serve to reward and […]

Tenancy Deposit Scheme Alert

Tenancy Deposit Scheme Alert Tenancy Deposit Scheme Alert Action Fraud have received several reports where fraudsters are claiming to be landlords of properties offered for rent online. Prior to a viewing the suspect requests that the individuals pay a deposit and sometimes a month’s rent upfront, claiming that this money will be put into the […]

Lonely Hearts Romance Fraudster Alert

Lonely Hearts Romance Fraudster Alert Lonely Hearts Romance Fraudster Alert The NFIB have become aware of techniques used by romance fraudsters against people using dating sites. Not only will they steal your heart they will steal your money and your identification. When you think you’ve met the perfect partner through an online dating website or app, but […]