techUK is working in partnership with UK Finance and the National Economic Crime Centre (NECC) to open cross-sector dialogues and form tangible solutions which reduce the threat of financial fraud.
Set up in April 2021, the Online Fraud Steering Group (OFSG) is a joint public-private initiative co-chaired by techUK's President Jacqueline de Rojas, Director General at the NECC Graeme Biggar and UK Finance's CEO David Postings.
The OFSG brings together senior representatives from the tech sector, financial services and law enforcement to collaborate and take collective action to disrupt fraudsters. Supporting the Home Office's upcoming 2022 - 2025 Fraud Action Plan the group aims to:
- render the UK the least attractive place for online fraudsters to operate;
- involve all relevant sectors as required to collaborate and form targeted responses to prevent different types of fraud;
- share information and best practices to ensure a shared understanding around online fraud and its complexities;
- bring improve coordination between law enforcement and the tech and banking sectors;
- and enhance public communication around the complexities of financial fraud and promote consumer awareness.
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