Each year in November, the CCC joins more than 1000 organisations across the world in support of International Fraud Awareness Week (17-23 November 2024).
This year’s theme, ‘The face of fraud is changing – collaboration is more important than ever, highlights the need for global, national, and state agency collaboration to understand and address fraud.
With ongoing disruptions including new and emerging technologies, the growing prevalence of identity crime, the influence of social media and the digitisation of our government and economy are changing the face of fraud.
Fraud undermines public trust in government and diverts resources from essential public services.
Advances in technology, identity crime, and the digitisation of services have created new opportunities for fraudsters to exploit. Fraudsters are continually looking at new ways to evade controls put in place to stop fraud. They embrace new technologies to increase the scale and sophistication of their fraud and criminal activity.
Since 2015, the Crime and Corruption Commission has received over 2500 fraud-related allegations. While fraud allegations peaked between 2018 and 2020, since 2022 the CCC has been observing an increasing upward trend in fraud-related allegations.
| To see your agency’s fraud and other corruption-related complaints view our Corruption Allegations Data Dashboard (CADD). |
As the opportunities to commit and detect fraud change, it is critical that public sector agencies ensure they have the right measures in place to detect, prevent and respond to fraudulent behaviours.
All publicly funded institutions have a role to play in taking steps to prevent and manage the risks associated with fraud. In this digital transformation era, the CCC recognises the value in collaborating with our stakeholders to better understand their risks, share information, and how we can use technology to aid in detecting and preventing fraud. The CCC is committed to promoting collaboration and coordination with agencies to take a unified approach to fraud prevention.
While the face of fraud is changing, how we prevent it remains the same:
- By having strong processes in place to prevent, detect, and respond to fraud.
- Being proactive and detecting fraud helps to fight it.
- Preventing fraud is the most effective way to address it.
- Being agile and responsive to dealing with fraud in a continually evolving environment.
- Addressing fraud requires a holistic response, and cooperation and collaboration across agencies.
Collaboration is key |
|---|
In this evolving landscape, it’s important we work together to stay ahead of these emerging threats. The following resources have been curated to assist public sector agencies in raising fraud awareness within their agencies:
We all have a role in preventing fraud, and public sector agencies are encouraged to actively reassess and respond to the evolving nature of fraud within their organisations. |
