identity fraud

Companies Fail to Combat Identity Fraud

Companies Fail to Combat Identity Fraud

Businesses are continuing to put their customers’ identities at risk by not taking proper precautions, and employees think it’s their bosses that should do more. That’s according to a new survey by Fellowes and the National Fraud Authority which shows 97% of employees are not totally confident the firms they work for are protecting their customers’ identities. The report out today shows 71% of employees, the highest figure in Europe, think the organisations they work for could do more to protect their customers’ sensitive information. Despite continual warnings a third of businesses (36%) still don’t know or are unsure if they have a comprehensive policy in place on how to handle potentially sensitive documents. Every year identity fraud costs the UK eco... »

Business Owners Prime Targets for Identity Fraud

As previously reported, owners of small businesses are two-and-a-half times more likely to be targeted by identity fraudsters than the average UK resident, according to credit monitoring firm Experian. The situation is even worse for business owners employing more than 50 people â?? according to the Experian research, they are a worrying five-and-a-half times more susceptible than the average person to this kind of fraud. »