Self Defence for the SME
A guide to help the smaller business combat the increasing problem posed by identity fraud.
In recent years there’s been much work done by the banks, government and the credit reference agencies to help protect consumers against the dangers of identity theft.
But what about the threat to UK PLC posed by the professional fraudster?
Often more vulnerable due to their size and limited budgets, this guide provides practical advice to help the UK’s nation of small businesses to fight the fraudsters.
This whitepaper sets out some simple steps that businesses big and small can follow to defend their business from the fraudster including:
- Defining your business’ fraud risk
- A multi-layered fraud defense
- Confirming Customer Identity
- Maintaining customer experience
- Committing resource to defending fraud
These simple steps can have a large impact on small businesses.
Keith Marsden, MD at 192.com Business Services says: “Implementing some of these simple steps bears a negligible cost to businesses. Furthermore, it allows SMEs to implement an effective anti-fraud policy without having to bear the cost of employing an individual to head up this area. More often than not, SMEs have been faced with the dilemma of balancing risk against the cost of checking every individual. This high cost of sale isn’t necessary if a company can rely on an ID verification solution,”
Download your copy of Self Defence for the SME here.
