The following press release can be downloaded as a PDF

March, 13, 2013 (London, UK)

It was announced today that Darren Hodder, Director at Fraud Consulting Ltd has accepted the role of Vice President, Cyber Fraud Intelligence at the Centre for Strategic Cyberspace + Security Science (CSCSS), headquartered in London, UK.

Darren Hodder is a frequent speaker and contributor to forums such as The Fraud Advisory Panel, IAFCI and The Fraud Prevention Forum. Darren has established himself as a domain expert and specialist on technical, data, and software solutions for fraud risk issues with specific expertise in data sharing, trust & identity management, originations and payments fraud, and fraud risk for online transactions & payments. Darren sits on the editorial board for E-finance & Payments Law & Policy (Cecile Park Publishing) and in April 2012 he founded & launched #TheFraudTube (www.thefraudtube.com) as a news and information resource for the counter-fraud community, where he is the chief editor and regular blogger.

Rich Zaluski, Founder, President & Chief Executive Officer at CSCSS: ‘Cybercrime and fraud are exponentially growing in both reach and capabilities. Mr Hodder in his role with CSCSS as Vice President for Cyber Fraud Intelligence, will work to address cyber fraud and crime issues and brings to the Centre background and experience that enhance our focus on cybercrime.’

Darren Hodder, Director, Fraud Consulting Ltd: ‘Cybercrime is a growing problem and we have all known for a long time that cybercriminals act across multiple borders and jurisdictions which puts both public and private sector organisations at a disadvantage. The UK National Audit Office warns that the number of IT and cyber security professionals has not grown in line with internet usage and so we aim to form strategic partnerships to help address this problem for the benefit of consumers and businesses alike.’

About Fraud Consulting Ltd.

Fraud Consulting Ltd. (reg. no. 6959443) established in July 2009, provides vendor neutral fraud consultancy services to clients covering financial services, banking, telecommunications, insurance industries and public sector bodies, both in the UK and internationally. Key services include:

• Operational & strategic reviews, gap analysis
• Vendor neutral advice & vendor engagement
• Specification & delivery support
• Investigations
• Project management
• Training & awareness

Any enquiries should be sent to contact@fraudconsulting.co.uk or alternatively telephone Fraud Consulting on +44 (0)20 3239 4714

About CSCSS

The Centre for Strategic Cyberspace + Security Science / CSCSS is a multilateral, international not-for-profit organization that conducts independent cyber-centric research, development, analysis, and training in the areas of cyberspace, defence intelligence, cyber security, and science while addressing the threats, trends, and opportunities shaping international security policies and national cyberspace cyber security initiatives.

CSCSS, as a strategic leader in cyberspace, works jointly with key partners to address, develop, and define cyber technologies, cyber defence force capabilities, information dominance, and concept operations. We deliver practical recommendations and innovative solutions and strategies to advance a secure cyberspace domain.

All general media inquiries and interview requests are to be directed to media@cscss.org or alternatively telephone CSCSS on +44 (0)20 3514 1784

Those of you based in the UK will be familiar with “Red Nose Day” and Comic Relief, but for those of you who are not this is a bi-annual event which raises money to tackle poverty and social injustice in Africa and the UK.

This year we are taking part by means of a webinar which will be held on Thursday 14^th March at 15:00 GMT (the day before Red Nose Day). Darren Hodder is donating his fee and the event organiser is also making a donation from any event profits. The topic of the webinar is “2013: Year of the Snake – New Trends in Cybercrime (and How Criminals Launder the Proceeds)”. Attendance is just $99 USD, discounted for our readers to $85 USD using the code “SNK579” and for this fee you can have as many attendees as is sensible for wherever you choose to connect from.

Additionally, #TheFraudTube has set up a temporary blog called “#FunnyFraud” (http://www.thefraudtube.com/category/blog/funnyfraud/). The idea here is to raise awareness of fraud issues whilst also raising a smile.

If you find these resources to be useful and would like to make a donation then please do so via our Just Giving page: http://my.rednoseday.com/sponsor/TheFraudTube

Please give generously and thank you for your kind support!

For details on the webinar and to register please click here.

We are pleased to announce the Darren Hodder, Director at Fraud Consulting, has joined the editorial board for E-Finance & Payments Law & Policy, a newsletter from Cecile Park Publishing. A two-part interview with Darren can be found in the June and July editions, part one is available for download here.

Driving down debt is a top priority for the UK government. With an £81billion deficit recovering this debt is a cornerstone of the government’s current efficiency and reform agenda.

The Fraud, Error and Debt Taskforce was established in 2010 to address the huge level of UK debt and losses. Focussing on prevention and enforcement, fairness, efficiency and effectiveness the government hopes to tackle the scale and distribution of debt and to develop a collaborative approach to combat this problem. Tackling Fraud and Error in Government: A Report of the Fraud, Error and Debt Taskforce was released in February 2012. The report demonstrates the significant financial benefits that can be made in reducing debt in the public sector.

Fraud Consulting will be speaking at Debt Recovery 2012: Investigation, Enforcement and Collection where the topic of discussion will be “Big Data: How Can We Turn Data into Intelligence to Fight Fraud?”. This session will cover the following items:

We hope meet you there… also look out for our tweets during the event via the hashtag #DebtRecovery12

This is a significant date in the diary for people who specialise in internal audit, risk management and assurance, information security and counter fraud. There will be representatives from fourteen sectors and over sixty five speakers booked to address delegates over the four day London-based conference.

Fraud Consulting are looking forward to sharing a platform with speakers from companies including Yell, Barclays and PKF to discuss issues relating to information security, cybercrime and how internal audit functions can be developed to support organisations to assess and manage fraud and risk.

Director, Darren Hodder said: “This conference provides a significant opportunity to speak to internal auditors about fraud and risk based decisioning and to support organisations to think differently about the opportunities to promote fraud detection and prevention.”

The conference event will include presentations on the UK Bribery Act, the management of electronic data, counter fraud techniques and the measurement of fraud.  In addition a post conference workshop will focus on the practical measures in fraud detection and prevention including investigation and interview skills.

Special Offer – Discounted Entry for IACON 2012

The 21^st IACON is being held on 26^th-29^th June 2012 in London. Network with over 100 heads of internal audit and internal auditors and gain tools and tips for adding value to your organisation:

• Take away strategies and techniques for dealing with shared risk challenges
• Understand how your colleagues are overcoming common audit obstacles
• Meet and chat with internal auditors from your sector and others
• Identify how to gain stakeholder and board level influence
• Demonstrate the value of internal audit within the organisation
• Gain insight into the wave of combined internal audit and risk management roles
• Ensure regulatory compliance

We are pleased to be able to offer a discounted entry price for this event. In order to take advantage of this special deal, please send an email with your contacts details to contact@fraudconsulting.co.uk or tweet “@FraudConsulting I want discounted entry for #IACON2012”. We will then provide you with a special discount code for use when booking your place at this event.

About Fraud Consulting Ltd

Established in July 2009, our mission is to provide expert advice and consultancy for fraud prevention and to be recognised as industry experts and thought leaders.

We collaborate with a wide range of vendors, ensuring that we keep up to date with the tools and solutions that are available in the marketplace. We actively participate with industry forums and groups and we have made links with like-minded organisations to form an associates network, enhancing our capability and spread.

Link and interact with Fraud Consulting Ltd:

To speak with a member of our team please contact us on +44 (0)115 714 2772, or Skype fraud.consulting

The UK National Fraud Authority (NFA) estimates that fraud cost the UK £73b in 2011 with £20.3b of this being attributable to the public sector. With this in mind we will be attending and exhibiting at the GovNet Frand & Error conference on 24th May 2012 where we will be available to discuss fraud issues, lend our experience of how the private sector approaches fraud detection and preventions and explore ways in which the public and private sectors could collaborate to fight fraud.

Come and find us at the event!

Recent estimates suggest that fraud against the public sector costs public services around £21bn in the UK. In looking to deliver better services at a reduced cost, the Government has highlighted fraud as a key area in which major savings can be found and, as reform is implemented across the public sector, ensuring that measures are in place to tackle fraud and error will be crucial.

Following the recent Government report “Tackling Fraud and Error in Government” (see below), fraud detection and prevention is receiving a level of focus which is unprecedented. There is an opportunity to reduce losses by implementing anti-fraud strategies, policies, and controls; if done correctly then the result would be a reduction in the current deficit in Government finances. The Government’s priorities are in Collaboration, Assessment of Risk and Measurement of Losses, A Focus on Prevention and taking A Zero Tolerance Approach.

On 24th May GovNet will be hosting the inaugural Fraud and Error conference, which will bring together over 350 delegates, 20 high level speakers and 20 service providers to discuss and understand the key challenges facing the public sector. Fraud Consulting will be participating at this event so why not come and meet us? With our extensive background in tackling fraud within the private sector (such as financial services), we will share our experiences and explore how the approaches taken in the private sector could be applied to the public sector.

For further details of this event, please visit the event website.

HM Government report: Tackling Fraud and Error in Government

We are pleased to confirm that we will be participating at the forthcoming MRC European Congress in Dublin, Ireland. Starting on 25th April, the event comprises of a training program (25th April) and a 2 day conference (26th and 27th April).

Featuring an all-star line up of the world’s most recognized e-Commerce leaders, this unparalleled event delivers unique and valuable insights on topics such as expanding e-Commerce markets beyond Europe, digital and card issuer fraud, transforming mobile payments and law enforcement collaboration. For further details please visit the event website.

Additionally we will be launching a brand new service at this event!
Further details will be provided in our next newsletter which will be issued shortly. To subscribe please submit your email address below.