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

How to avoid survey fatigue and maintain engagement

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

As our new Director of HR, you will be at the forefront of creating the Land Registry of the future, ensuring that we have the

Support the continuous improvement of the HR function through development and implementation for all HR programs in an assigned geography or assigned business line. Lead

Support the continuous improvement of the HR function through development and implementation for all HR programs in an assigned geography or assigned business line. As

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

Read the latest digital issue of theHRDIRECTOR for FREE

Read the latest digital issue of theHRDIRECTOR for FREE