Telecommunications Fraud: Reimbursement of Victims

Lord Brooke of Alverthorpe Excerpts

Wednesday 14th May 2025 Lords Chamber

[Lord Hanson of Flint (Lab)]

Absolutely. I am keen on having not just data sharing but data metrics and performance in the fraud strategy. The noble Lord’s point is extremely valid. There is a lot of good talk, but we need to measure action.

[Lord Brooke of Alverthorpe (Lab)]

My Lords, does the Minister agree that, if we had ID security on a cyber basis, much of this fraud would be diminished and would disappear?

[Lord Hanson of Flint (Lab)]

The noble Lord makes an interesting point; if he will let me, I will take it as a representation for consideration in the fraud strategy. The Government are keen to look at any measure that will reduce the level of fraud, which currently accounts for 41% of all crime; that impacts on businesses, on consumers, on government and, ultimately, on confidence and growth in our economy. Fraud is extremely important; I will examine the noble Lord’s suggestion.