Employee fraud grew significantly last year thanks to the opportunities afforded by remote working and the pressures of a cost-of-living crisis in the UK, according to Cifas. The anti-fraud non-profit claimed that the number of individuals recorded in its cross-sector Insider Threat Database (ITD) increased 14% year-on-year (YoY) in 2023, with the most common reason being “dishonest action to obtain benefit by theft or deception” (49%).

Source: Infosecurity