Research from Fellowes and the National Fraud Authority reports that a third of small UK firms have suffered loss due to fraud and only 3% of UK consumers are totally confident that their information which is held by firms with whom they deal is secure.
A guide for businesses which spells out the risks, gives advice on securing business information and how to deal with a security breach, is now available: http://www.stop-idfraud.co.uk .
The research shows that two thirds of firms have no real procedure for dealing with documents with confidential details and that a third of employees just dispose of those documents by putting them in the waste paper bin.
44% of UK staff does not shred documents which contain confidential details. Only 54% check financial statements, only 45% look for missing mail and 31% do not report lost sensitive information.
62% of companies fear financial loss from fraud and 43% are concerned about harm to their reputation. Over 70% of UK staff thinks their companies should take more care in the handling of documents containing confidential information.
The Government says that the UK economy loses £1.2 billion a year due to identity fraud. 60,000 firms have been affected this year, a 36% increase over the same period last year.
A business which is exposed to fraud may have a difficult time surviving. The disruption to normal business practices caused can be difficult at best. The attitude that it happens to someone else is common but not realistic.
We check the identity of firms listing in our Business Directory for our UK Local Search facility carefully by an opt–in and confirmation system. We send UK businesses qualified business leads with no cost to them, our directory being funded by Google Adsense advertising.
Monte Huebsch, CEO
A guide for businesses which spells out the risks, gives advice on securing business information and how to deal with a security breach, is now available: http://www.stop-idfraud.co.uk .
The research shows that two thirds of firms have no real procedure for dealing with documents with confidential details and that a third of employees just dispose of those documents by putting them in the waste paper bin.
44% of UK staff does not shred documents which contain confidential details. Only 54% check financial statements, only 45% look for missing mail and 31% do not report lost sensitive information.
62% of companies fear financial loss from fraud and 43% are concerned about harm to their reputation. Over 70% of UK staff thinks their companies should take more care in the handling of documents containing confidential information.
The Government says that the UK economy loses £1.2 billion a year due to identity fraud. 60,000 firms have been affected this year, a 36% increase over the same period last year.
A business which is exposed to fraud may have a difficult time surviving. The disruption to normal business practices caused can be difficult at best. The attitude that it happens to someone else is common but not realistic.
We check the identity of firms listing in our Business Directory for our UK Local Search facility carefully by an opt–in and confirmation system. We send UK businesses qualified business leads with no cost to them, our directory being funded by Google Adsense advertising.
Monte Huebsch, CEO
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