With the UK Government relaxing the COVID-19 restrictions, we are now transitioning into the ‘new normal’. Moving into this unchartered territory can be difficult for organisations to manage, ensuring you have ongoing robust, flexible plans in place can help mitigate potential critical risks. We are here to assist with pragmatic advice, guidance and assurance for organisations seeking direction, in order to navigate the new ways of working.  Please keep in touch and do not hesitate to contact us.

Be a Fraud Fighter

International Fraud Awareness Week

Hundreds of organisations across the world will be participating in International Fraud Awareness Week (IFAW) (17th – 23rd November 2019) to raise awareness of fraud risks and key reporting lines.  The campaign aims to start discussions amongst peers, co-workers, executives and stakeholders in the community about how important fraud prevention is to society as a whole.

TIAA is joining the NHS Counter Fraud Authority (NHSCFA) in marking IFAW through a campaign which calls on every one of us to ‘be a fraud fighter’.  No individual or organisation is immune from the threat of fraud, and the NHS is no exception. The NHSCFA estimates that fraud costs the NHS £1.27 billion each year – that is equivalent to the cost of 40,000 nurses.

Fraud is the crime you are most likely to experience during your lifetime, yet there is a good chance you will never actually see a fraud happening.  Fraud is a hidden crime, as fraudsters use deception and target weaknesses in people and systems to make a financial gain. Fraudsters are also increasingly sophisticated in their use of technology, as you may have noticed if you ever received a very ‘believable’ email or letter asking you to send money or provide your financial details.

International Fraud Awareness Week is a great opportunity to remind us all that everyone can play an important part in fighting fraud, whether it be by being vigilant, knowing how to prevent fraud, or reporting any suspicions or concerns.

During the week, TIAA will be taking part by posting advice and information to our Twitter and LinkedIn social media accounts using the hashtag #NHSFraud and #FraudWeek.

Please spread the word among your colleagues and tell your family and friends – we all bear the cost of NHS fraud, but all of us have a part to play in fighting it.

Advice and Support

Our Counter Fraud Specialists are available to provide advice and assurance on fraud prevention, cyber-crime awareness and security management.  You can contact us via our contacts page to find out more. Or you can contact one of our regional Counter Fraud leads:

Reporting Fraud

Remember you can report your suspicions of fraud to your local Counter Fraud Specialist or alternatively to the NHSCFA at cfa.nhs.uk/reportfraud or by calling their 24 hour hotline 0800 028 4060.

All reports are treated in confidence, and you have the option to report anonymously.

Useful resources that we will be sharing during the week include:

Five Fraud Tips Every Organisations Should Act On

Fraud Prevention Checklist

Who pays for fraud (video)

Stop fraud in its tracks (video)

The story of fraud (video)