The document discusses the threats posed by cyber-enabled fraud in the UK. Some key points: - Fraud costs the UK economy £52 billion annually, with £9.9 billion perpetrated by organized crime groups. - 60% of fraud reports received by Action Fraud are cyber-enabled. - There has been an 80% increase in reported fraud over the past 5 years. - Challenges include the pace of technological growth, international jurisdiction on the internet, and limited enforcement potential against industry vulnerabilities and lack of standards. - The government response includes national reporting centers, cyber strategies, prevention programs, and international cooperation to pursue offenders.

1. SOCEX ‘15’ – Conference 18th/19th March 2015
The new threats from cyber enabled fraud
Commissioner Adrian Leppard QPM

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Key Messages

3. Threat from Fraud & Cyber
£52bn
£9.9bn
230,000
60%
40-70%
80%
Cost of fraud to UK economy (NFA, 2013)
Amount of fraud perpetrated by OCGs
(Home Office SOC Strategy, 2013)
Amount of cyber crime that is NOT reported to police
Reports of crimes into Action Fraud from victims
(NFIB 2013/14)
Amount Fraud reports are cyber-enabled
(NFIB 2013/14)
Increase in reports of fraud over 5 years to 2013
(Office of National Statistics Crime Survey)

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Scale of the Threat

5. Capacity and capability at local, regional & National
levels (volume + skills)
Technological- Pace of growth
Society/Business/Crime ‘v’ policing capability
International- Enforcement jurisdiction and the
‘Internet’
Control- Industry ‘v’ Government
Legislation and Police powers
Challenges and Limitations

6. Government Response
National reporting & investigation
(Action Fraud/NFIB)
Cyber Strategy/Organised Crime Strategy
Target hardening and prevention
(CPNI/CERT/CISP/CoLP and Alerts/Cyber Security)
Pursuing offenders NCA/NCCU/CoLP
(Fraud/Cyber/Upstream)
International – Europol – Interpol (NCA)

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Action Fraud- Current Stats

8. Changing the Mindset of Response-
Enforcement v’s Prevention
• Industry hosts vulnerability
• Industry standards on information security
• Internet Global and unregulated / controlled
• No single point of focus- limited enforcement
potential

9. NFIB Disruptions 2013/14
50,000
Telephones
disrupted
Preventing
£45m
1,100
Websites
disrupted
Preventing
£11m
30,000
Bank Accounts
disrupted
Preventing
£250m
Total of 80,000+ disruptions resulting in prevention of £300m+

10. New Strategies
4 Ps- using the most effective mix of ‘pursue’,
‘protect’, ‘prevent’, ‘prepare’
3 Levels- addressing economic
crime at local, regional and
national levels
2 Strands- tackling both
serious and organised
AND volume crime
1 Outcome
Reducing the Impact
of Fraud

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New Strategies
An enhanced
threat picture
Empowerment
of individuals
and
organisations to
protect
themselves
Designed in
fraud
protection
Engagement of
the
volunteering
community

12. Creating
SOC
dialogue
locally
Focus on
victims and
prevention
Quantifying
the SOC risk
(beyond
reported
crime)
Partnerships
- Force
- Region
(ROCUs)
- NCA +
CoLP - NLF
Partnerships
- Multi
agency
- Industry
Maximising Impact & Service
(SOC)