Preventing fraud

Fraudsters target any and all businesses and rely on exploiting their victims’ weaknesses. Understanding those weaknesses and risks is the most effective way for a business to protect themselves against fraud.

While all businesses are different in size, approach and appetite for risk, there are some general principles that can be applied to all business situations. There is no one-size fits all approach to fraud prevention. Instead, it is about adopting a general mindset of awareness and action in the parts of your business that could be vulnerable.

Below you will find a number of documents regarding the latest information about fraud including; prevention methods, fraud review and advice.

Audit Commission, Protecting the public purse (October 2014)

CIFAS Fraudscape 2019

CIFAS, Problem profile bulletin: Digital wallets (February 2014)

CIFAS, The true cost of insider fraud (November 2013)

City of London Police, Guidance to businesses on the Bribery Act 2010 (2014)

European Commission, Cyber security (November 2013)

FFA: Invoice Fraud

Fighting fraud together, The strategic plan to reduce fraud

Home Affairs Committee, E-Crime

KPMG: Fraud Barometer 2020

KPMG: Global Profile of a Fraudster 2016

National Fraud Initative Report

NFIB, Intelligence debrief report (February 2014)

NFIB, Royal mail email scam alert (December 2013)

Symantec, Internet security threat report vol. 18 (2013)

Preventing fraud

Fraudsters target any and all businesses and rely on exploiting their victims’ weaknesses. Understanding those weaknesses and risks is the most effective way for a business to protect themselves against fraud.

While all businesses are different in size, approach and appetite for risk, there are some general principles that can be applied to all business situations. There is no one-size fits all approach to fraud prevention. Instead, it is about adopting a general mindset of awareness and action in the parts of your business that could be vulnerable.

Below you will find a number of documents regarding the latest information about fraud including; prevention methods, fraud review and advice.

Audit Commission, Protecting the public purse (October 2014)

CIFAS Fraudscape 2019

CIFAS, Problem profile bulletin: Digital wallets (February 2014)

CIFAS, The true cost of insider fraud (November 2013)

City of London Police, Guidance to businesses on the Bribery Act 2010 (2014)

European Commission, Cyber security (November 2013)

FFA: Invoice Fraud

Fighting fraud together, The strategic plan to reduce fraud

Home Affairs Committee, E-Crime

KPMG: Fraud Barometer 2020

KPMG: Global Profile of a Fraudster 2016

National Fraud Initative Report

NFIB, Intelligence debrief report (February 2014)

NFIB, Royal mail email scam alert (December 2013)

Symantec, Internet security threat report vol. 18 (2013)