- Pandemic-related fraud - Criminals continue to exploit vulnerabilities as the pandemic continues and use them as levers to carry out social engineering attacks. Examples include fake Covid passports, false promises of testing and PPE. Firms must ensure that their controls remain robust and that staff remain vigilant to identify and report such activity as it arises.
- Remote working fraud risks - Further attempts to exploit remote working models where real-time monitoring for fraud activity is much more difficult. Individuals that work remotely may be more vulnerable to exploitation or unsure of the right procedures.
But the key to preventing fraud remains the same - ensuring people are adequately trained on fraud risks and apply this knowledge and understanding in their day-to-day work.