Midlands Fraud Forum - Fraud Strategy: Disrupt, Safeguard, Respond

Two new reports underpin the Fraud Strategy 2026-2029

Economic & Social Cost of Fraud 2023–24 estimates a £14.4bn annual impact.

National Assessment Centre Fraud Assessment 2025 highlights the surge in online, cross‑border, AI‑enabled fraud.

Built on three pillars — Disrupt, Safeguard, Respond — the UK is accelerating its fraud‑fighting infrastructure, including:

£31m Online Crime Centre launching April 2026, unifying intelligence, law enforcement and industry to dismantle criminal networks.

Greater action against abuse of telecoms, online platforms and financial systems.

Enhanced resilience for individuals and businesses through targeted guidance and proactive policing.

Stronger victim support and improved investigative and legal powers.

This strategy reflects a long‑overdue reset: a modernised, tech‑driven, partnership‑focused approach to reducing harm and restoring confidence.