SOCEX ‘15’ – Conference 18th/19th March 2015

The new threats from cyber enabled fraud

Commissioner Adrian Leppard QPM

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Key Messages

Threat from Fraud & Cyber

£52bn

£9.9bn

230,000

60%

40-70%

80%

Cost of fraud to UK economy (NFA, 2013)

Amount of fraud perpetrated by OCGs (Home Office SOC Strategy, 2013)

Amount of cyber crime that is NOT reported to police

Reports of crimes into Action Fraud from victims (NFIB 2013/14)

Amount Fraud reports are cyber-enabled(NFIB 2013/14)

Increase in reports of fraud over 5 years to 2013 (Office of National Statistics Crime Survey)

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Scale of the Threat

Capacity and capability at local, regional & National levels (volume + skills)

Technological- Pace of growth Society/Business/Crime ‘v’ policing capability

International- Enforcement jurisdiction and the ‘Internet’

Control- Industry ‘v’ Government

Legislation and Police powers

Challenges and Limitations

Government Response

National reporting & investigation (Action Fraud/NFIB)

Cyber Strategy/Organised Crime Strategy

Target hardening and prevention

(CPNI/CERT/CISP/CoLP and Alerts/Cyber Security)

Pursuing offenders NCA/NCCU/CoLP(Fraud/Cyber/Upstream)

International – Europol – Interpol (NCA)

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Action Fraud- Current Stats

Changing the Mindset of Response-Enforcement v’s Prevention

• Industry hosts vulnerability

• Industry standards on information security

• Internet Global and unregulated / controlled

• No single point of focus- limited enforcement potential

NFIB Disruptions 2013/14

50,000

Telephones disrupted

Preventing £45m

1,100

Websites disrupted

Preventing £11m

30,000

Bank Accounts disrupted

Preventing £250m

Total of 80,000+ disruptions resulting in prevention of £300m+

New Strategies

4 Ps- using the most effective mix of ‘pursue’, ‘protect’, ‘prevent’, ‘prepare’

3 Levels- addressing economic crime at local, regional and

national levels

2 Strands- tackling both serious and organised

AND volume crime

1 Outcome

Reducing the Impact of Fraud

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New Strategies

An enhanced threat picture

Empowerment of individuals

and organisations to

protect themselves

Designed in fraud

protection

Engagement of the

volunteering community

Creating SOC

dialogue locally

Focus on victims and prevention

Quantifying the SOC risk

(beyond reported

crime)

Partnerships

- Force

- Region (ROCUs)

- NCA +

CoLP - NLF

Partnerships

- Multi agency

- Industry

Maximising Impact & Service(SOC)