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fraud minister

  • Business bosses told to check details after Companies House glitch

    Business

    Business directors are urged to check their details after a major glitch on Companies House allowed people to edit the data of other firms, leaving them potentially exposed to fraud. On Friday, a tech glitch on the UK’s official corporate register permitted people to access other companies’ details by pressing the back key on the [...]

    Companies House is bringing in major changes to prevent fraud.
  • UK telecom giants sign new pact to block scam calls as AI drives fraud

    Tech

    Britain’s biggest mobile networks have agreed to overhaul their systems to stop scammers using fake numbers to impersonate banks and government departments. As ministers seek to stem the growing tide of AI-driven fraud, BT, EE, Vodafone, Three, Virgin Media O2, Sky, TalkTalk and Tesco Mobile have signed a new telecoms charter with the Home Office. [...]

    Roughly three-quarters of UK scams start online. (Photo by Artur Widak/NurPhoto via Getty Images)
  • Large firms liable for fraud happening under their watch under new UK laws

    Business

    Businesses could be prosecuted if they profit from fraud committed by one of their employees even if managers do not know about it, under new UK laws. The new “failure to prevent fraud” offence, which came into effect on Monday, holds large firms to account over their internal anti-fraud measures. It says that businesses can [...]

    Canada skyline as businesses face challenges with increased tax burdens and economic downturn in winter forecast

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