Jonathan Frost stories
Jonathan Frost explores critical issues in financial security, particularly focusing on the alarming rise of Authorized Push Payment (APP) fraud. Through his insightful analysis, readers gain an understanding of the scale and impact of these sophisticated scams.
By delving into recent data and trends, his stories emphasize the urgent need for collaborative efforts between banks and technology companies to enhance fraud prevention mechanisms. Engaging with his work offers valuable perspectives on combating financial crime and protecting consumers.
Why APP fraud is still rising and how we can stop the surge
Last month
APP fraud, rising to 42% of UK losses in 2025, causes £2,300 lost per minute, urging banks and tech firms to boost joint防efforts.
UK fraud losses rise to GBP £629.3 million despite prevention gains
Sat, 25th Oct 2025
Fraud losses in the UK rose to GBP £629.3m in early 2025 despite banks blocking GBP £870m in unauthorised fraud attempts, driven by online scams.
Digital ID promise for UK weighed against risks to inclusion & innovation
Tue, 30th Sep 2025
The UK’s new digital ID scheme aims to cut fraud by GBP £1.6bn yearly but faces concerns over inclusion, innovation, and effective implementation from experts.
Concerns grow over UK digital ID checks for company directors
Thu, 7th Aug 2025
UK plans to enforce digital ID checks for company directors face criticism over security flaws in the GOV.UK One Login system and risks during a phased 12-month rollout.
UK banks face rising fraud losses as organised crime outpaces them
Thu, 19th Jun 2025
UK banks face rising fraud losses up to GBP £40 million as criminals outpace detection despite growing use of behaviour-based analytics and increased tech spending.
HMRC hit by GBP £47 million phishing scam affecting 100,000
Fri, 6th Jun 2025
HMRC has lost GBP £47 million in a phishing scam affecting 100,000 taxpayers, exposing vulnerabilities in government cybersecurity protocols.
EU urges social media ad checks to tackle €4.3bn scam crisis
Thu, 15th May 2025
EU member states urge social media firms to verify advertisers to curb a EUR €4.3bn investment scam crisis sweeping across Europe.
UK banks see spike in mobile fraud as scams shift from calls
Mon, 5th May 2025
UK mobile banking fraud surged 11% in 2024 as scammers shift from voice scams, with card fraud and remote iOS attacks also on the rise, reports BioCatch.