1 Internal Fraud Conference 26 09 18 Internal
- Slides: 13
1 Internal Fraud Conference 26. 09. 18 Internal Fraud Conference: Cifas Intelligence Claire Brunt Assistant Director - Compliance & Best Practice, Cifas
2 Internal Fraud Database – Total IFD Members 19. 10. 2021 Monthly Staff Update
3 Internal Fraud Database - Cases Filed 800 700 600 500 400 300 200 100 0 2006 19. 10. 2021 2007 Monthly Staff Update 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 Jan Aug 2018
4 cont. Fraud Type 19. 10. 2021 2013 -14 % change 2014 -15 % change 2015 -16 % change 2016 -17 % change 2017 Account fraud 30 -35% 50 67% 31 -38% 26 -16% Being bribed 1 - 2 100% 1 -50% 0 -100% Dishonest action by staff 227 -11% 188 -17% 172 -9% 191 11% Employment application fraud (Successful) 77 148% 34 -56% 39 15% 29 -26% Employment application fraud (Unsuccessful) 396 35% 313 -21% 159 -49% 153 -4% Unlawful obtaining or disclosure of commercial data 1 -75% 2 100% 0 -100% 7 - Unlawful obtaining or disclosure of personal data 53 10% 36 -32% 31 -14% 40 29% Monthly Staff Update
5 Internal Fraud Database – Filing Reasons Top 5 Filing Reasons for ‘Dishonest Action by Staff’ 2016 Filing Reason 2017 % Total Theft of cash from customer 19% Theft of cash from employer 20% Manipulation of a third party account 17% Facilitating transaction fraud 14% Falsifying documents 11% Perpetrating fraudulent applications 12% Theft of cash from employer 9% Manipulation of a third party account 10% Facilitating transaction fraud 8% Theft of cash from customer 8% 2018 (Jan to Aug inclusive) Filing Reason 19. 10. 2021 Filing Reason % Total Facilitating transaction fraud 17% Theft of cash from customer 16% Theft of cash from employer 13% Manipulation of a third party account 9% Monthly Staff Update Falsifying documents 5%
Top 5 Filing Reasons for ‘Employment Application Fraud (Unsuccessful)’ 2016 Filing Reason 2017 % Total Concealed adverse credit history 55% Concealed adverse credit history 41% Concealed address with adverse 14% Concealed employment record 12% Concealed employment record 9% 11% Concealed employment history Concealed unspent criminal convictions 7% False documents 8% 2018 (Jan to Aug inclusive) Filing Reason 19. 10. 2021 Filing Reason % Total Concealed adverse credit history 40% Concealed employment record 20% Concealed employment history 17% Concealed address with adverse 7% Concealed unspent criminal convictions Monthly Staff Update 5% 8% 6
7 Internal Fraud Database – Pre versus Post Employment 51% 49% Post. Pre Employment 19. 10. 2021 Monthly Staff Update Employment Post. Pre Employment
8 Internal Fraud Database – Refiles 30 25 20 15 10 5 0 2013 19. 10. 2021 Monthly Staff Update 2014 2015 2016 2017 2018 (Jan to Aug)
9 Internal Fraud Database – Gender Split 120% 100% 80% 60% 40% 20% 0% 2013 2014 2015 2016 Male 19. 10. 2021 Monthly Staff Update Female 2017 2018 (Jan to Aug)
0 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug 10 Internal Fraud Database – Matches 60 50 40 30 20 10 2013 19. 10. 2021 2014 Monthly Staff Update 2015 2016 2017 2018
11 Internal Fraud Database – Employments Prevented 600 500 400 300 200 100 0 2008 19. 10. 2021 Monthly Staff Update 2009 2010 2011 2012 2013 2014 2015 2016 2017 Jan - Aug 2018
12 The Insider Fraud Picture report Launched today Collect your copy before you leave or read on the Cifas website or Secure Members Area 19. 10. 2021 Monthly Staff Update
13 Internal Fraud Conference 26. 09. 18 Thank you for listening. Any questions? 19. 10. 2021 Monthly Staff Update
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