fraudscape: CIFAS report on fraud in 2011


CIFAS is a not-for-profit membership association representing the private and public sectors. CIFAS is dedicated to the prevention of fraud, including staff fraud, and the identification of financial and related crime.

Fraudscape gives an overview, and examines identity related crime (frauds related to the misuse and hijack of an innocent party’s identity details), geography and location, first party fraud (frauds committed by the genuine account holder) and fraud in terms of the products targeted.

The 2011 report records a 9% increase in fraud over 2010. The report highlights different types of fraud and fraud hotspots.