News

82% of identity fraud cases in UK occur online

Thursday 22 August 2013 10:44 CET | News

In H1 2013, overall fraud levels in the UK have decreased by 3 percent as compared to H2 2012, although identity fraud continues to increase, a recent survey points out.

According to data from non-profit anti-fraud organization CIFAS, during the period under review, 82 percent of identity fraud cases were carried out online, making it difficult to identify fraudsters.

The same source indicates that identity fraud has grown by 1 percent, accounting for over half (52 percent) of all UK recorded fraud, compared with application fraud (18 percent), misuse of facility (15 percent) and facility takeover fraud (14 percent).

CIFAS communications manager Richard Hurley, cited by online media outlet Biz Report, has mentioned that while it is vitally important that all organizations protect the data that they hold, and do all that they can to prevent fraud (from using the latest technologies to better use of data), individuals also have a vital role to play in keeping data safe.
 


Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Keywords: identity fraud, online fraud, UK, CIFAS
Categories: Fraud & Financial Crime
Companies:
Countries: World
This article is part of category

Fraud & Financial Crime






Industry Events