Fraud Control

The integrity and security of data is fast becoming the single most significant security and reputational risk issue facing corporate UK.

It is clear the Informationer Commissioner is taking a more robust approach to the loss of personal data and it is our view that a future legal requirement to notify data breaches is inevitable.

Information Lifecycle Management supports good governance, facilitates ediscovery, and ensures legal compliance. Security is an integral part of such Management.

The Financial Services Authority 2008 study "Data Security in Financial Services" states 'There is too much focus on IT controls and too little on office procedures, monitoring and due diligence'. It is often the absence or failure of such 'soft' controls that leads to financial loss, reputational damage or the unwanted attention of regulators.

The recent changes to the Data Protection legislation brought about by the Criminal Justice and Immigration Act 2008, put at risk those who ‘repeatedly and negligently’ allow information to be disclosed.

Fraud Control will reduce your exposure to these risks.