Charities warned to take steps to prevent fraud after new survey shows many are not protecting themselves against biggest risks. Findings are part of largest ever survey on fraud and cybercrime in charities.

Over half (53%) of charities affected by fraud over the past two years knew the perpetrator, according to new research into the fraud and cybercrime risks facing charities.

The research suggests over a third of those committing fraud were the charity’s own staff members; trustees and volunteers together were responsible for 28%; beneficiaries were identified in 13% of known frauds.

The Commission says charities can be at particular risk of insider fraud, because they often rely excessively on goodwill and trust in single individuals.

The findings are based on the largest-ever survey of charities’ attitude towards fraud and cybercrime, commissioned by the charity regulator, the Charity Commission and in partnership with the Fraud Advisory Panel, and are launched on Monday 21st October and Wednesday 23 October 2019.

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