Figures released yesterday reveal the rising risk of fraud faced by British businesses, and highlight the importance of secure data management and destruction in avoiding financial and reputational losses.
According to a BBC report, research by accountancy firm KPMG has revealed a startling rise in identity fraud over the past 12 months, with the value of this crime more than doubling in value to £26.3m. The research also suggests that insider fraud was to blame for more than 80% of fraud-related financial losses in 2012.
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