Guest Blog: A vision for change in the fight to tackle cyber fraud

Today marks a turning point in the fight against cyber fraud. This is a pervasive problem that directly impacts individuals every day, and costs the global economy millions. It’s time to make fraud harder for the criminals, but we can only do that by working collaboratively.

The Intelligence Network, a coalition of 1,500 industry experts, has identified tackling cyber fraud as a major priority in its mission to make the online world a safer place.

Following an intensive six month research programme, collating extensive input from experts across industry, academia, government and law enforcement, we have now published a Vision for Tackling Cyber Fraud.  

The process has been inspirational and stimulating, and on behalf of The Intelligence Network I’d like to thank everyone at techUK for their involvement so far. Our commitment, as we continue to evolve our thinking, is to keep engaging our community in everything we do.

Our vision maps out the changes necessary to significantly reduce society’s vulnerability to this crime. We want to stimulate change in four problem areas:

  1. Endemic attacks: the prevailing mind set in cyber security is that organisations should think about “when” not “if” they suffer a successful cyber attack. But the high number of attacks is making it too easy for criminals to access the data they need to commit fraud.
  2. Operating in silos: while there is some sharing of information between security teams and fraud teams, sharing across functions and industries is limited and joint action is rare.
  3. The cyber to fraud gap: effective cyber security, counter fraud and law enforcement are all critical to tackling cyber fraud, but are currently treated as ends in themselves and have their own objectives and terminology.
  4. Social engineering: the ability of criminals to deceive people is at the heart of both cyber attacks and fraud. Most current effort goes into training people to make near impossible judgements, rather than making their tasks easier.

We will be working closely with our members and stakeholder communities to establish an action plan to make our vision a reality. So, if you haven’t yet been involved, now is the perfect time.

To become a member of The Intelligence Network, to find out more about our vision for tackling cyber fraud, and to get involved in building our action plan, please get in touch with myself and the team.

Share this

FROM SOCIAL MEDIA

Join us for an Introductory Evening on 09 September. This is a great opportunity for you to meet the techUK team an… https://t.co/D1t1i4vH2J
An important proposal and something that @techUK is very proud to be a part of. https://t.co/jGct8hswia
Local Digital Fund open for next round of funding for councils looking to improve public services through digital t… https://t.co/peFwsKTTew
Join our newest flagship event #CreatingDigitalFutures on 08 October in Manchester. We'll be exploring how the tech… https://t.co/N9B1hjPjZz
Just a few days left to submit your vote – who do you think should be named @ComputerWeekly most influential woman… https://t.co/HzdcsI2TXR
One month to go until #SmarterStateUK 2019. Join us on 18 September, along with digital leaders from across the pub… https://t.co/VpqmzqeVfK
Become a Member
×

Become a techUK Member

By becoming a techUK member we will help you grow through:

Click here to learn more...