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UK NCA and NatWest Warn of Rising Invoice Fraud Threats

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1 unique sources, 1 articles

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The UK’s National Crime Agency (NCA) and NatWest Bank have issued a joint warning about the growing threat of invoice fraud, which costs businesses millions annually. Fraudsters use social engineering to impersonate suppliers or redirect payments to their accounts. In September 2025, 83 reported cases resulted in an average loss of £47,000 per victim, totaling nearly £4 million. The campaign advises businesses to verify payment details and avoid urgent transfers. The NCA and NatWest emphasize the severe impact of invoice fraud on businesses, potentially leading to financial collapse. They urge adopting a 'Check, Verify, Never' approach to prevent fraudulent transactions.

Timeline

  1. 30.01.2026 13:10 1 articles · 23h ago

    NCA and NatWest Launch Joint Campaign Against Invoice Fraud

    The UK’s National Crime Agency (NCA) and NatWest Bank have issued a joint warning about the rising threat of invoice fraud. The campaign advises businesses to verify payment details and avoid urgent transfers to prevent fraudulent transactions. In September 2025, 83 reported cases resulted in nearly £4 million in losses, with an average loss of £47,000 per victim. The 'Check, Verify, Never' approach is recommended to mitigate the risk of invoice fraud.

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