Key developments include:
➡️ Faster intelligence-sharing: Partners will share intelligence quicker to identify fraud operations spanning multiple countries, including scam centres;
➡️ Industry recommendations: Telecommunications providers, technology companies and financial institutions (FIs) will work with partners to develop recommendations strengthening industry action against online scams and financial crime; and
➡️ Cross-border focus: The measures respond to organised crime groups increasingly exploiting global communications networks, digital platforms and financial systems to target victims across jurisdictions.
✅ Financial institutions, technology companies and telecommunications providers should prepare to engage with the forthcoming UK-led industry recommendations, review their capability to identify and disrupt fraud typologies linked to scam centres, and support intelligence-sharing initiatives connected to the INTERPOL Global Fraud Taskforce.
💡Plenitude’s Fraud Prevention Services conduct Threat Assessments, advising clients on effective preventative measures to ensure they stay secure in an ever-changing technology landscape. Visit our website for more information: https://www.plenitudeconsulting.com/services/fraud-prevention-services