Aviva says fraudsters are increasingly using AI-generated evidence to support fake or exaggerated insurance claims, particularly in motor insurance. The insurer says it detected more than 18,400 fraudulent claims during 2025, worth an estimated £233 million if paid out. According to Aviva, fraudsters are using altered accident photos, fabricated documents, […]
Posted in News Also tagged AI, Insurance, SecurityHMRC is handing a British AI company £175 million to help it spot tax fraud, uncover hidden financial networks, reduce costly mistakes, and improve customer service, as pressure mounts over rising complaints, growing complexity, and a £46.8 billion tax gap. Deal With Quantexa The decade-long deal with London-based AI and […]
Posted in News Also tagged AI, HMRC, TaxNew research from Cifas suggests some UK employees are becoming increasingly comfortable with workplace fraud and insider threats. The survey found that 24 per cent believed it was acceptable to secretly work for a competitor, while 13 per cent admitted selling, or knowing someone who had sold, company login details. […]
Posted in News Also tagged Security, Staff, WorkplaceFraudsters are increasingly using rentable “cloud phones” that look and behave like real smartphones, creating a new problem for banks, fintechs and businesses that have come to trust the device in a customer’s hand. Now Using Cloud Phones According to a recent report by security firm Group-IB, a growing number […]
Posted in News Also tagged Scammers, Smartphones, VirtualLondoners are being disproportionately targeted by online fraudsters, with police warning that technology is allowing scams to scale rapidly while making criminals harder to detect. Why London Is Being Targeted Evidence presented to the London Assembly highlights the scale of the issue. Fraud now accounts for around 41 per cent […]
Posted in News Also tagged London, Scam, Security
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