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2020 Publications

A collection of useful documents from various sources around the internet.

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  • 19 Sep 2020 9:58 PM | David Clark (Administrator)

    Research into the risks impacting the top 200 AIM listed businesses

    There has been a surge in fraud and cybercrime in the UK and AIM listed businesses are not immune. Irrespective of size, listed businesses attract cybercriminals due to their visibility and the opportunity to use share price as leverage to extract ransom payments.

    The operational impacts of a breach can result in a loss of service and an inability to deliver goods and services to clients and customers. Valuable management time is lost reacting to fraud and cybercrime and distracts from a business’s mission. The amount of money businesses are losing to cybercrime is increasing. Ransomware attacks alone increased by 350% in 2018, with global ransomware damage costs expected to double to $20 billion by 2021.

    Open publication

  • 19 Sep 2020 8:52 PM | David Clark (Administrator)

    Discover the best practices insurance leaders can take to counter the evolving, evasive world of financial services fraud as we begin a new decade. The world in 2020 is an unusual and unpredictable place. The insurance market was set to hit new highs this year.

    Then COVID-19 happened.

    That forecast – and the global economic outlook – is now far less certain as a result


    Open Publication

  • 12 Sep 2020 9:29 PM | David Clark (Administrator)

    Keeping business afloat must take into account the unique cybersecurity needs of now-remote workers who are connecting to potentially unsecured home networks while accessing company resources from personal devices. The COVID-19 threat built slowly and hit hard, taking many by surprise when lockdown arrived and forcing businesses to evaluate at short notice how they’d be able to function as remote organisations. While cybercriminals had previously ramped up attacks on organizations and dialled down their advances on consumers over the last two years, they had to quickly adjust to a hybrid approach, targeting personal and work systems in order to smoke out at risk employees and vulnerable remote networks.

    Open Publication


  • 21 Aug 2020 1:40 PM | Jo Buckley (Administrator)

    Ransomware continues to plague organizations, with over half of companies surveyed across 26 countries revealing that they were hit by ransomware in the last year. Such attacks are ever increasing in complexity and are getting more efficient at exploiting network and system vulnerabilities, leaving organizations with a significant clean-up bill. Modern firewalls are highly effective at defending against these types of attacks, but they need to be given the chance to do their job. This whitepaper discusses how these attacks work, how they can be stopped, and best practices for configuring your firewall and network to give you the best protection possible.

    Open publication

  • 21 Aug 2020 1:36 PM | Jo Buckley (Administrator)

    In more normal times 2019 might still feel like a year of almost paralysing uncertainty, the sources of that paralysis being all too familiar since 2016. While parliament seemed deadlocked by the constitutional conundrum of Brexit, the fight against fraud quietly made some useful gains.

    As with all crises, the confusion, uncertainty and raw fear spread by the Covid-19 pandemic has changed the fraud calculus in favour of the fraudsters. Post-pandemic, when the world settles into its new, socially-distanced, remote-working ‘normal’, fraud fighters everywhere expect to be playing catch-up as they face a wave of crisis related frauds.

    Open publication


  • 16 Aug 2020 7:04 PM | Jo Buckley (Administrator)

    Companies across various industries are experiencing increased operational and financial pressure due to the COVID-19 pandemic. These pressures create a heightened level of economic risks which may lead to increased motivation or justification to commit fraud, through manipulation of financial results, misrepresentation of facts, misappropriation of assets and other fraud schemes.

    Open publication

  • 03 Aug 2020 1:14 PM | Jo Buckley (Administrator)

    This report focusses on specific corruption risks in major planning decisions, an area where there is often a large amount of money at stake. It is also very contentious, with many new developments resulting in a net loss of social and genuinely affordable housing, which in many areas are in short supply. To understand what could undermine openness in the planning process and what local authorities are doing to stop this, we have collected evidence from across England. Although there are some examples of good practice, generally the results make for a worrying read.

    Open publication

  • 23 Jul 2020 10:38 AM | Jo Buckley (Administrator)

    The fundamental challenge that public bodies face with fraud is it is a hidden crime – those committing it actively try to conceal it so we must be proactive in our efforts to seek it out. The National Fraud Initiative (NFI), the Cabinet Office’s data matching service, has enabled participating organisations to prevent and detect £245 million fraud and error in the period 1st April 2018 to 4th April 2020. This brings cumulative outcomes for NFI participants to £1.93 billion. The NFI has the ability to quickly address emerging risks through the targeted data matching pilots carried out throughout the two-year cycle. The scale of government COVID-19 emergency relief now offers a significant opportunity for fraudsters. It is for this reason the Cabinet Office will extend the NFI remit to help ensure COVID-19 emergency relief funding is only accessed by those that are entitled.

    Open Publication

  • 23 Jul 2020 10:35 AM | Jo Buckley (Administrator)

     We have seen a transformative period in our digital history, with privacy established as a mainstream concern, and with complex societal conversations increasingly asking data protection questions. This report shows the ICO has been at the centre of those discussions, from how facial recognition technology is used to how we protect children online. The Age Appropriate Design Code is the most important piece of work covered in this report, and shows the ICO at its best: tackling challenging issues, consulting with those affected and taking practical steps that will prompt important changes that benefit society.

    Open publication

  • 13 Jul 2020 12:30 PM | Jo Buckley (Administrator)

    Responsibility for Government policy on public sector fraud rests in the Cabinet Office which is responsible for the counter fraud ‘profession’ and its function across the entirety of the public sector. Additionally, all major Government departments have dedicated units that investigate fraud related to their functions. Responsibility for investigating frauds against individuals and the private sector rests with the Home Office and myriad of investigative units in different law enforcement bodies (e.g. NCA, Regional and Organised Crime Units and individual police forces). The plethora of disparate fraud investigative units across Government and law enforcement means that there is little consistency or coherence in the overall effort to counter fraud.

    Open Publication

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