Fraud Strategy launch
The UK government formally launched an updated national Fraud Strategy under the leadership of Home Office Minister David Hanson. Tasked with revising the approach after the July 2024 election, Hanson emphasized partnerships with the private sector, banks, and City of London Police to adapt to evolving fraud threats. This new strategy follows 18 months of development and aims to strengthen fraud prevention, detection, and enforcement capabilities nationwide. It targets various forms of financial fraud that impact individuals, businesses, and the broader economy. By enhancing cooperation between government agencies and industry, the initiative seeks to close enforcement gaps and respond more... [Continue Reading]
360LiveNews | 10 Mar 2026 18:45
Research: National Assessment Centre Fraud assessment 2025
A new report from the UK’s National Assessment Centre reveals a rising fraud threat targeting individuals and businesses nationwide. Fraud has become increasingly tech-enabled, with criminals harnessing social engineering tactics and Generative AI tools to commit and scale their crimes. The report outlines how organised crime groups are innovating to lower the barriers for committing fraud, making it more accessible and widespread. Most fraud incidents now involve international elements, complicating enforcement and detection. This growing sophistication allows criminals to bypass traditional countermeasures. The findings underscore the urgency for updated strategies to protect the public and commercial sectors, as the economic... [Continue Reading]
360LiveNews | 09 Mar 2026 15:20
