It is vital that business owners regularly scrutinise their Company information on file with the registrar of companies to ensure that it reflects the correct information. There are still a number of instances where dismissed directors or previous office bearers approach the bank and instruct them to pay out monies to them or to a third-party account.
Identity theft not only exposes you to the risk of direct financial loss, but critically other risks such as reputation risk, legal risk, operational and long term financial risks.
This article examines the risk of corporate identity theft and what you can do to prevent it.
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