Responding to the Government release of its plans for a shared approach to data protection, Mike Cherry, National Chairman at the Federation of Small Businesses (FSB), said “Research from FSB shows that data protection is definitely on the minds of small business owners, with almost 60 per cent of members ranking data protection laws as a significant…

A new Fraud & Risk report carried out by Callcredit Information Group has revealed the key biometric technologies organisations are planning to introduce in identity verification procedures over the next three years, as part of their ongoing fraud prevention efforts. These include; biometric screening techniques (26%) artificial intelligence systems (24%) voice recognition systems (23%) Despite these aspirations, less…

Cifas has released a new collaborative report with LexisNexis Risk Solutions which highlights that company directors are one of the most at-risk groups for identity fraud. Nearly 19% of identity fraud victims are company directors, this is despite company directors comprising less than 9% of the UK’s population. Furthermore, the report also identifies a trend where identity fraudsters…

Nearly half of small businesses do not have a cyber security plan for their business, according to research by Smith & Williamson. Despite the well-publicised effects of recent cyber attacks, recent research has indicated that many small businesses do not have a plan for their business should they find themselves in a similar situation. Fergus…

The Federation of Small Businesses (FSB) has warned small businesses in the UK to take urgent steps to protect from a cyber ransomware attack this week, following specific concerns it has received from the National Cyber Security Centre. As well as following its cyber protection advice, FSB says smaller businesses should put in place specific cyber…

One in five businesses has been victims to cyber-attacks in the past year, according to the results of a survey released by the British Chambers of Commerce (BCC). The survey of more than 1,200 businesses across the UK found that 20% had been hit by a cyber-attack in the last 12 months. Big businesses are…

HM Revenue and Customs has launched a new hotline for the public to report fraud and evasion in the fight against tax fraud. This service will replace the two separate tax evasion and customs hotlines with one, streamlining HMRC’s intelligence gathering on tax fraud. Customers can report all kinds of tax fraud and evasion on the…

Despite over half (56%) of UK organisations being affected by fraud, confidence levels in fraud prevention techniques is remarkably high, reveals research from Callcredit Information Group. The Fraud & Risk report of 201 Fraud Prevention Managers and Directors, finds that a majority of businesses (75%) believe they are one step ahead of fraudsters, with a…

At least 500 million Yahoo passwords and usernames, as well as personal information used for security checks, have been stolen since 2014. Equifax has urged businesses to step up security checks. John Marsden, Head of ID and Fraud at Equifax said “Passwords are continuing to topple like dominos, and the rate of major breaches is increasing at…