FCA updates data strategy to tackle online scams

Contract-based schemes regulator to invest heavily in its use of data

Julia Bahr
clock • 2 min read
FCA head offices in Stratford, London
Image:

FCA head offices in Stratford, London

The Financial Conduct Authority (FCA) has refreshed its strategy of using data to tackle online fraud faster by scanning about 100,000 websites created daily to identify those that appear to be scams.

The hosts of fraudulent websites identified by the FCA are now being proactively requested to shut them down, though they cannot be forced to do so, according to the watchdog. It added that this...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

Good News Corner: BW partner completes Lake District swimming challenge

Good News Corner: BW partner completes Lake District swimming challenge

Paul Leandro completed swimming challenge to raise money for Winston’s Wish charity

Martin Richmond
clock 06 September 2024 • 1 min read
Will surge demand derail pensions dashboards?

Will surge demand derail pensions dashboards?

Bravura’s Jonathan Hawkins explores how the dashboards ecosystem will cope with demand

Jonathan Hawkins
clock 06 September 2024 • 4 min read
Professional Pensions: Stories of the week

Professional Pensions: Stories of the week

Pension review call for evidence, Coats UK scheme buy-in and National Grid scheme

Professional Pensions
clock 06 September 2024 • 1 min read
Trustpilot