Are You and Your Business Exposed To Identity Theft?

The answer actually is yes.

Identity theft is a growing concern in the business sector, with 50 to 100 cases occurring every month the consequences of which can be very costly. Because company directors’ are public, you are potentially more vulnerable to identity theft. Are you aware that anyone could make themselves a director of your company in the time it takes to complete a form and post it, and the worrying thing about it is that you probably wouldn’t even know that it had happened until it’s too late!

There are many different methods identity thieves could use to steal companies’ identities, such as phishing, we will probably all have had an email from a bank asking you to enter your bank and personal details. Supplier fraud, account takeover amongst many others are risks businesses have to deal with on a daily basis

Consider what would happen to your business if your account was drained of funds? Suppliers suspend your account and would only accept cash, your bank wouldn’t help you out and of course you still need to purchase materials and perhaps stock, and don’t forget that you and your staff still need to be paid…

If the worst does happen to your business it could potentially cause a range of risks from cash flow problems through to negative impact on reputation and loss of customer confidence. No Money, No Customers, No Business.

Real Insurance Group Ltd, the name behind SignElite has teamed up with CPP who many of you will be aware of, and launched REALidentity.

Under the new REALidentity brand help is now available from CPP who are the identity experts. They can help people and businesses cope with the complexities of identity theft.

Everyone knows that Identity Theft is a growing problem, however very few people know what to do if it happens to them. Who they speak to, who will help – the fact is that very few businesses know where to start.

The above is for information and guidance only and should not be relied on for individual circumstances and professional advice must always be sought specific to your individual circumstances and requirements. Finally any and all comments referred to anywhere on this site is for the United Kingdom (UK) market only.