New laws to help protect company directors from identity fraud and personal harm will be introduced by the Government. The new laws will enable company directors to remove their personal addresses from the UK’s official company register on Companies House. Directors must still provide their business address as a legal requirement. This comes in response…

It is estimated that there could be over £25 million worth of fraud being perpetuated by businesses falsely claiming Small Business Rates Relief across England, according to data analytics specialist Destin Solutions. Small Business Rates Relief (SBRR) is provided to a number of businesses across England on the basis that they either only use one property…

The Office for National Statics (ONS) has reported that fraud crime in England and Wales has hit 3.3million in its latest statistical bulletin. Responding to the reportt John Cannon, Commercial Director Fraud & ID, Callcredit Information Group, said: “Today’s ONS statistics, reveal that there were 3.3 million incidents of fraud in England and Wales alone, and over half…

The cyber security risk to UK organisations continues to increase in both severity and impact, but nearly one in five (17%) admit they don’t prepare or drill for cyber attacks, and fewer than half (49%) conduct penetration tests to examine their defences according to a new report by PWC.   PwC’s Global State of Information Security Survey…

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…