Fraud by insiders increases by over 40%

Analysis of frauds recorded on the CIFAS Staff Fraud Database

Analysis of frauds recorded on the CIFAS Staff Fraud Database reveals a significant increase in the level of fraud being committed by employees during 2012 (when compared with 2011). The analysis shows the following: (i) A 43% overall increase in the number of staff frauds recorded in 2012 when compared with 2011 with increases identified in all major types of fraud. (ii) Attempts to obtain employment fraudulently (e.g. by withholding or falsely declaring information such as qualifications or previous convictions) doubled in 2012. (iii) There was a 22% spike in the number of dishonest actions by staff to gain a benefit by theft or deception (e.g. theft of cash from customer accounts). (iv) Frauds where an organisation’s staff stole customer data for personal use have also increased.

Read more

Latest News

Read More

Bold vs. blunt: The nuances of leadership communication

2 April 2025

Newsletter

Receive the latest HR news and strategic content

Please note, as per the GDPR Legislation, we need to ensure you are ‘Opted In’ to receive updates from ‘theHRDIRECTOR’. We will NEVER sell, rent, share or give away your data to third parties. We only use it to send information about our products and updates within the HR space To see our Privacy Policy – click here

Latest HR Jobs

Human Resources Manager Full time role – based in our Haringey Headquarters Join a leading social care organisation dedicated to transforming lives through exceptional home

Believe and Sons Ltd is a growing recruitment and business support firm committed to connecting great people with outstanding opportunities. As we expand, we’re looking

University of Exeter – Human ResourcesSalary: The starting salary will be from £33,482 on Grade E, depending on qualifications and experience. This provides summary information

A renowned industrial developer with a strong reputation for delivering high-quality projects and fostering an outstanding workplace culture is seeking a HR Director on a

Read the latest digital issue of theHRDIRECTOR for FREE

Read the latest digital issue of theHRDIRECTOR for FREE