fraud increase

Cifas reports 9% rise in facility rise takeover

1st November 2023 Consumer Lending | #fraud increase

Criminals are turning more to targeting existing consumer services in 2023, with telecom, online retail and plastic card products particularly under attack. Fraud prevention service, Cifas has detailed that its members recorded nearly 278,000 cases to the Cifas National Fraud Database in the first nine months of 2023. Of this, more than 30,000 cases related…

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fraud increase

Cifas reports 9% rise in facility rise takeover

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