17.05.99: Internet fraud costs UK businesses £5bn per year, according to the Fraud Advisory Panel, part of the Institute of Chartered Accountants. Online fraud is still a huge concern, though firms have had years to secure their sites and services.
Fraud experts are torn over whether proposed changes to the UK judicial system would boost chances of securing convictions for fraud. Yesterday the government announced plans to abolish trial by jury for cases of serious fraud where it is believed...
Benefit cheats are being targeted by a new government campaign warning of a "Robocop"-style crackdown using fraud-busting technology and computer systems. Anti-fraud minister James Plaskitt said in a statement: "Robocop was Hollywood fiction but...
Card fraud and identity theft are driving demand for and cutting the cost of smart cards in the financial sector, analysts claim. Deadlines set by MasterCard and Visa for a switchover and a liability shift for fraud payouts were highlighted as...
The National Consumer Council (NCC) is lobbying the government to ensure a minimum standard of service is offered in companies that deal with ID fraud, in a bid to make it easier for consumers to prove their identity.
Sarah Walker, director of benefits and tax credits at HMRC, said the department took the approach it would monitor the website closely for signs of fraud. We were trying to strike a balance all the time between making the system as accessible as we...