Keep your clients and business safe from cyber-crime

Be prepared to invest in the right resources

clock • 6 min read

Mark Hopcroft examines the rise of identity fraud and outlines some measures advisory firms can take to keep their businesses and clients safe

For most of us, receiving yet another spam email warning us our bank account is about to be shut down or that we urgently need to verify our email password has become an irksome, if now unremarkable, fact of online life. But what you or I may receive unsolicited in our inboxes is the tip of the iceberg in a global crime wave. Identity fraud, where criminals assume someone else's identity or concoct a fake one to open accounts or make unauthorised transactions and purchases, now accounts for two-fifths (41%) of all fraud in the UK. As UK fraud prevention body Cifas points out, ID crime...

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