Analysis of frauds recorded on the CIFAS Staff Fraud Database reveals an alarming increase in the level of fraud being committed by employees during 2011 (when compared with 2010), most notably:

• A 14.5% overall increase in the number of insider frauds recorded in 2011 when compared with 2010.

• A 41% spike in the number of dishonest actions by staff to gain a benefit by theft or deception (e.g. theft of cash from customer accounts).

• A decrease in the number of unauthorised disclosure of data frauds, which demonstrates the increasing preventative measures taken by organisations against this threat.

• Levels of fraudulent attempts to gain employment remain relatively stable.

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