Fraud Barometer | KPMG | UK

Fraud Barometer

Fraud Barometer

The latest fraud trends and patterns affecting the UK economy.

The latest fraud trends and patterns affecting the UK economy.

January 2017 results

The latest results from the KPMG Fraud Barometer have just been published. The bi-annual Barometer identifies the latest fraud trends and patterns affecting the UK economy which helps us remain alert to new threats and respond to fraud risks in an appropriate and proactive manner.

Key Highlights for 2016 include:

  • The total cost of fraudulent activity in the UK has surpassed a billion pounds (£1.1 billion) for the first time since 2011.
  • There were seven super cases in the year, which have caused the average fraud loss to double to £5.2 million.
  • 2016 saw the largest cyber fraud since 2008, leading to losses of £113 million.
  • Consumers have turned to bootleg bargains in an apparent attempt to maintain their lifestyles in continuing tight economic circumstances.

View our infographic for the January 2017 Fraud Barometer (PDF 850 KB)

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