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We often hear that insurers need to be wary of their employees as they could be the source of data leaks that could be potentially devastating to a company.
The Insurance Crime Bureau (ICB) celebrated its tenth anniversary as an organisation in 2018, and the Board is confident that it has made enormous strides in the last few years to fulfil its objective to fight organized crime in the insurance industry.
• Highest level of crime recorded during Q2 2018, peaking at 13.51%
Cyber crime has changed the nature of fraud in the financial services industry. This complicates investigations, particularly when it comes to the issue of identity theft.
If you had to hazard a guess, when do you reckon the COFI Bill will be signed into law?