Cifas data shows identity theft rose in 2011

The latest fraud statistics from UK fraud prevention organisation Cifas and the top five losses in February from SAS

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Identity theft rose sharply in the UK in 2011, according to the latest fraud statistics from UK non-profit fraud prevention organisation Cifas. Overall fraud rose from 2010, with 236,516 frauds reported to Cifas – a new high, and 28% up from the last pre-crisis year, 2007, bearing out the common assumption that fraud rises during times of economic stress. Cifas comments that the slight drop in application fraud represents a trend that has continued for

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