Telecommunications Fraud: Reimbursement of Victims Debate
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Lord Brooke of Alverthorpe
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Telecommunications Fraud: Reimbursement of Victims
Lord Brooke of Alverthorpe Excerpts(2 days, 7 hours ago)
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Lord Hanson of Flint (Lab)
Absolutely. I am keen on having not just data sharing but data metrics and performance in the fraud strategy. The noble Lord’s point is extremely valid. There is a lot of good talk, but we need to measure action.
Lord Brooke of Alverthorpe (Lab)
My Lords, does the Minister agree that, if we had ID security on a cyber basis, much of this fraud would be diminished and would disappear?
Lord Hanson of Flint (Lab)
The noble Lord makes an interesting point; if he will let me, I will take it as a representation for consideration in the fraud strategy. The Government are keen to look at any measure that will reduce the level of fraud, which currently accounts for 41% of all crime; that impacts on businesses, on consumers, on government and, ultimately, on confidence and growth in our economy. Fraud is extremely important; I will examine the noble Lord’s suggestion.