Firms more at risk from ID fraud

Businesses increasingly targeted, research says

Businesses are increasingly leaving themselves open to identity theft, according to research published last week.

Findings of a survey, conducted by Populus for office machine manufacturer Fellowes, says just four per cent of businesses successfully destroy all sensitive information, despite 89 per cent having clear procedural guidelines in place.

David Croucher, home affairs chairman of the Federation of Small Businesses, says every UK business must tackle the growing threat of ID fraud.

‘The consequences can be terminal for a small firm and can affect the individuals involved for many years,’ he said. ‘Businesses and employees need to be fully aware of the need to protect the identity of the firm, themselves and their customers from criminals.’

MP Nigel Evans, chairman of the All Party Group on Identity Fraud, says organisations have a duty to themselves and their customers to prevent ID theft.

‘No one should lose their identity because a business has failed to properly dispose of personal or confidential information,’ he said.

A 10-point guide has been issued for businesses to help prevent them becoming victims of ID fraud. It recommends filing documents online, making sure only key members of staff have access to highly sensitive data, and securing electronic communications and documents.

Joan Ryan, the Home Office minister responsible for ID fraud, said: ‘We have established the Identity Fraud Steering Committee to implement measures to reduce the problem, including raising awareness in businesses.’