1. KPMG warns of ‘technology-savvy’ wolves in sheep’s clothing, amid calls for integrated cyber security and fraud controls

    KPMG warns of ‘technology-savvy’ wolves in sheep’s clothing, amid calls for integrated cyber security and fraud controls

    According to KPMG’s latest UK Fraud Barometer, 2016 saw a rise in cyber-enabled fraud. This is an increase of 1,266% on 2015 figures. Amid growing sophistication by fraudsters, Jeremy Cowan hears a call for better education and integration of cyber security and fraud management measures. The value of alleged fraud reaching UK Courts broke the […]

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    1. Both public and private organisations openly acknowledge that cyber-attacks are one of the most prevalent and high-impact risks they face, and yet many operate on the basis
    2. Unfortunately, we are seeing the internet increasingly used by consumers tempted to obtain goods and services illegally.
    3. Businesses and fraud practitioners will also need to focus on agility to ensure they can adapt to today's rapidly changing digital world and adopt the best fraud management tools available. They need to identify fraud before it starts and compete with the criminals that are potentially using more advanced weapons.
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