Charity Fraud Awareness Week 18 - 22 October 2021
Tue 12 Oct 2021
Every charity, NGO and not-for-profit is susceptible to fraud and cybercrime by criminals exploiting the current global crisis. Charities need to be aware of the risks and take steps to keep their money, people and data safe.
As an organisation supporting the Voluntary, Community and Social Enterprice sector in Staffordshire, Support Staffordshire is joining the #StopCharityFraud campaign during Charity Fraud Awareness Week 2021 (18 - 22 October) to highlight available resources and the importance of protecting your organisation from fraud and cybercrime.
The implications of fraud can be catastrophic and far-reaching as emphasized by the Fraud Advisory Panel and the Charity Comission for England and Wales on the new Prevent Charity Fraud website;
"All charities, NGOs and not-for-profits are at risk of fraud and cybercrime and should take practical
actions to protect themselves from harm. Money lost to fraud and cybercrime cannot be spent on
charitable causes which can damage valuable assets, vital services and reputations. A sector that is
fraud aware and resilient helps to maintain public trust and confidence.
- Fraud is an increasingly common crime. One in thirteen people fall victim each year, with the internet believed to play a role in more than half.
- Cybercrime is on the rise, exacerbated by the pandemic.
- The average organisation loses 5% of revenue to fraud each year. About 40% goes unreported to law enforcement.
- Over two-thirds of charities think that fraud is a major risk to them, but less than 9% have fraud awareness training in place."
During this week Support Staffordshire will be sharing tips, events and member resources on social media showing you the actions you can take to protect your VCSE organisation from fraud.
Find information events here.
If you would like to speak to your Locality Officer about our resources available to members, find contact details for your location here.
Or if you would like bespoke financial or advisory help contact our Consultancy team by phone: 01785 413162 or email: firstname.lastname@example.org