Our National Fraud Database contains data on hundreds of thousands of confirmed cases of fraud. Before providing services or paying claims, Cifas Members check the details against the National Fraud Database to see whether they match those of known fraudsters. Our Members have prevented billions of pounds' worth of fraud losses this way.
Every sector is at risk from fraudsters. If one organisation's anti-fraud efforts look weaker than its peers', fraudsters will target it regardless of sector.
So the National Fraud Database doesn't discriminate either. Organisations in the banking, credit card, grant giving, asset finance, retail credit, mail order, online retail, savings, telecommunications, factoring, share dealing and public sectors already contribute to the database. The data they contribute includes application, identity, first party and other types of fraud committed both by individuals and by organisations.
The National Fraud Database is updated in real time, and is accessible by Members online 24 hours a day, 7 days a week.
The National Fraud Database is hosted at a secure facility. Cifas is a Specified Anti-Fraud Organisation under the Serious Crime Act 2007, which provides a specific legal gateway for public and private sector data sharing, and holds the UK government's Cyber Essentials Plus certificate.