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Fraud epidemic ‘is now national security threat’

Fraud epidemic is now national security threat

Great coverage here from the BBC’s @Gordon Corera on the RUSI’s fraud impact report. It’s really encouraging to see the world is waking up. Fraud isn’t just a pesky distraction for payment services and bank security teams. It’s a matter of national security. The RUSI summarises well that fraud is “everyone’s problem but no-one’s priority”, and it’s high time this changes. The good news is that, technology, where insights into organised crime groups and their intentions are concerned, can remove this blindfold. Not only that, it can be done with today’s limited resources. Read full bbc.com article.

 

By Lindsay Whyte, UK Regional Director at Constella Intelligence.