Changes are coming for businesses that deal with services that are a high fraud risk, meaning law firms are one of the most affected industries. Following the government’s announcements of the impending ‘failure to prevent fraud’ offence amendment to the Economic Crime and Corporate Transparency Bill, the time to prepare is now.

https://www.legalfutures.co.uk/blog/how-are-you-preparing-for-the-incoming-failure-to-prevent-fraud-offence

 Sports bodies and owners of broadcast rights for sports events should invest in monitoring for illegal streaming and consider the options they have for enforcing their rights against infringers in the context of their commercial objectives, according to experts in dispute resolution and brand protection in the sports sector.

https://www.pinsentmasons.com/en-gb/out-law/news/sports-bodies-have-options-tackling-illegal-streaming

 The UK Information Commissioner’s Office (ICO) has issued new guidance for employers on how to handle subject access requests (SARs).

https://www.pinsentmasons.com/out-law/news/ico-guidance-subject-access-requests

 The new deputy co-lead of the UK Financial Conduct Authority has warned misbehaving companies that time is up on fraud and the promotion of harmful services.

https://www.cdr-news.com/categories/competition-and-business-crime/18938-fca-vows-crackdown-on-misconduct

 A struggling college student who set himself up as a £300-a-time 'exam cheat for hire' so he could illegally sit driving theory tests on behalf of learner drivers has been jailed.

Olivier Yolo, 27, agreed to fraudulently take theory tests for cash at a series of DVSA centres across the the north of England, including in Bolton and Stockport, for learners who were due to take them feared they would fail.

https://www.msn.com/en-gb/news/newsmanchester/dad-to-be-jailed-after-long-running-fraud-at-driving-test-centre-and-told-police-hed-committed-more-crimes-than-they-knew-about/ar-AA1bY4a5

 Five years on from its introduction into law, there is evidence that the General Data Protection Regulation (GDPR) has caused a shift in boardroom attitudes to data protection compliance – meeting a core objective of the legislators and regulators that drove reform.

https://www.pinsentmasons.com/en-gb/out-law/analysis/business-strategies-gdpr-technological-change

 More than two-thirds of all online shopping scams affecting UK consumers start on Facebook and Instagram, with social media now a “wild west” for fraud, according to one of Britain’s biggest banks.

https://www.theguardian.com/money/2023/may/28/social-media-sites-wild-west-shopping-uk-bank-facebook-instagram?CMP=share_btn_tw

 UK losses to crypto fraud increased more than 40 per cent over the past year, surpassing £300mn for the first time, according to Britain’s fraud reporting agency.

 https://www.ft.com/content/88602223-004b-4e27-b9eb-c45e1f850f9f

 Lettings agents face significant fraud risk. New technology can help agents combat fraud. But how should agents use such digital tools to spot potential red flags and mitigate the risks?

 https://propertyindustryeye.com/how-can-technology-help-agents-combat-fraud/

 The amount of money lost through holiday fraud has more than doubled in just 12 months, according to the UK’s scams reporting centre.

Action Fraud said victims reported losing a total of £15.3 million in the 2022/23 financial year, compared to £7.4 million in 2021/22.

https://uk.style.yahoo.com/holiday-fraud-doubles-scammers-target-090051118.html/