‘Safeguarding data is not important, it is imperative’

Commissioner Adrian Leppard has warned businesses that fraudsters are increasingly targeting their customer data.

Writing in the Daily Telegraph, the Commissioner highlighted that while technology was changing the face of fraud, personal information remained the key ingredient for fraudsters committing economic crime:

“Technology might be fanning the flames of fraud, but data is the fuel that the crime needs to survive. Businesses are a great source of data, with many holding thousands, even millions, of customer details. In today’s fight against fraud, businesses are becoming a major battleground.

“Put simply, if a business’s relationship with customers involves it holding detailed client information, then its reputation for safeguarding data is not important, it is imperative”

The Commissioner explained that it was crucial that businesses change their attitude towards data protection, highlighting the need for them to conduct regular threat assessments.

To read the article in full, visit the Telegraph website