Risk: Informational
The UK is embarking on a plan to develop a reporting system, the National Fraud Reporting Centre, that will comprehensively track all forms of e-crime and fraud. "Citizens and businesses will be able to call in and report non-urgent fraud through a dedicated Web site," said Mike Bowron, commissioner of the City of London police.
The reporting center is a component of the National Fraud Strategy, a three-year plan, launched by the government. It was developed by the National Fraud Strategic Authority, part of the Attorney General's office.
The data collected by the center will be used by agencies such as the Financial Services Authority, the Serious Fraud Office, the tax authority HMRC and others to spot trends.