Fraud Outside London Hits £117 Million Despite National Drop

AI-driven fraud a growing concern; fraud hits APAC most - LexisNexis study

The latest annual Cybercrime Report published by LexisNexis suggests both an increase in AI-driven fraud, as well as growth in fraud linked to growing use of online and mobile payments and apps. According to the Report (available here: https://risk.lexisnexis.co.uk/insights-resources/research/cybercrime-report) which encompasses over 104 billion global transactions, there has been a shift over the past year in the type of fraud being recorded – …

Fraud Outside London Hits £117 Million Despite National Drop

Fraud remains widespread across the UK’s regions, with £117 million reported outside London and the South East in 2024, according to BDO’s latest FraudTrack report – even as the overall national value of reported fraud plunged by 76%. The survey highlights the North West and the Midlands as key regional hotspots.