Identity fraud RSS

Cifas, the UK fraud prevention service, has released new figures showing that identity fraud has fallen for the first time since 2014. Figures show a 5% drop in the first six... more

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Cifas, the UK’s leading fraud prevention service, has released a new report identifying and detailing the fraud trends, like identity fraud, from over 300,000 cases of fraudulent conduct recorded in 2017. The data, from 306 organisations, including many major UK brands, is one of the most comprehensive pictures of fraud and fraudulent attempts in the UK. [...]

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In the 1982 sci-fi movie Blade Runner, Harrison Ford played Deckard, an ex-detective tasked to track down replicants — robots who were so lifelike that it was almost impossible to tell man from machine. In the coming years, bankers will need the equivalent of Deckards on their staffs as they deal with one of the most serious problems [...]

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The 2018 Identity Fraud Study released by Javelin Strategy & Research, revealed that the number of identity fraud victims increased by 8% (rising to 16.7 million US consumers) in the last year, a record high since Javelin began tracking identity fraud in 2003. The study found that despite industry efforts to prevent identity fraud, fraudsters successfully adapted [...]

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In an interesting report, Cifas has released new figures showing a 52% rise in young identity fraud victims in the UK. In 2015, just under 24,000 (23,959) people aged 30 and under were victims of identity fraud. This is up from 15,766 in 2014, and is more than double the 11,000 victims in this age [...]

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