CIFAS RESPONDS TO FRAUD AND THE JUSTICE SYSTEM REPORT

Responding to the publication of UK Parliament’s report - Fraud and the Justice System: Government Response to the Committee’s Fourth Report of Session 2022–23, Mike Haley, CEO of Cifas, said:

‘I am pleased that today’s report recognises the importance of data-sharing in helping to identify and disrupt fraudulent activity. In particular, I welcome the recommendation that the Government should review current data-sharing legislation to ensure it can be quickly utilised to combat the growing threat of fraud.

‘The announcement that the Home Office is currently considering revising the Strategic Policing Requirement (SPR) to include fraud is a positive step forward. This is particularly important as fraud accounts for over 40% of all crime but receives only around 2% of police funding. It is critical that this is delivered if forces are to be held accountable for allocating sufficient resource to effectively begin to protect the public from the serious and devastating consequences of fraud.

‘We recognise the importance of training to ensure that the police and other frontline staff are able to more effectively tackle the changing fraud and financial crime threats that lie ahead. Cifas is committed to helping businesses better protect themselves by making their staff the first line of defence against fraud. We do this by combining our data-led intelligence along with delivering the skills and knowledge to combat the ever-changing fraud landscape.’

Notes to Editors

The full report is available here: Fraud and the Justice System: Government Response to the Committee’s Fourth Report of Session 2022–23 - Justice Committee (parliament.uk)

About Cifas

Cifas is an independent, not-for-profit membership organisation that protects businesses and individuals through effective and secure data and intelligence sharing between the private, public and third sectors. In 2021, Cifas member organisations prevented over £1.3 billion of fraud losses.

Cifas data is included in the Office of National Statistics England and Wales Crime Statistics of police recorded crime and works alongside law enforcement agencies in tackling fraud.

For more information, please contact:

Corinne Gladstone, Cifas Head of Strategic Communications
Email: press@cifas.org.uk

Contact us at press@cifas.org.uk