cyber crime RSS
Fraud across social media sites hits record highs
Unauthorised financial fraud losses across payment cards, remote banking and cheques totalled £783.8 million in 2020 according to a report by UK Finance, the industry body. In addition, UK Finance... read more
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APP fraud hit £355.3 million – overtakes card fraud for the first time
Which? A consumer rights and protection website has analysed new data and says that every hour, APP fraud (Authorised push payment fraud) victims lose more money than the average UK... read more
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EBA launch EuReCA -a central database for AML and counter-terrorism financing
The European Banking Authority (EBA) has launched its central database for anti-money laundering and counter-terrorist financing (AML/CFT). This European reporting System for material CFT/AML weaknesses, EuReCA, will be central to... read more
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European Central Bank report on card fraud in the euro area
The latest version of the European Central Bank fraud report is now available. The report, Seventh report on card fraud, analyses trends in card fraud in 2019 as reported by... read more
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Annual Future of Fraud Forecast predicts five key threats
Experian has released its annual Future of Fraud Forecast, which reveals five fraud threats for the new year. With consumers continuing to take a digital-first approach to everything from shopping,... read more
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