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As businesses, corporate bodies, sole traders, and individuals across the UK prepare for Q2 and the new financial year, documents containing sensitive personal and financial information are likely to be brought out of storage. You’ll probably come across unwanted paperwork and documents past their retention periods during this time. So, why not use this opportunity.
Hackers and identity thieves deliberately target financial services in an attempt to access the abundance of monetary information they hold. Because of this, financial organisations have historically encountered information security challenges. To stay protected, financial services must ensure they are taking steps to handle their confidential data in line with GDPR. This goes for all.
The number of recruitment agencies has been on a sharp incline in the last decade. 8,448 new recruitment agencies opened in 2018 alone, bringing the UK total to 39,232. But why are increasing numbers of businesses choosing to add an extra step in their data processing by outsourcing recruitment? The answer is simple. Job hunting.
Identity crime is a broad term that usually takes the form of identity theft. It often includes counterfeiting documents or misusing genuine identification and financial assets such as someone else’s bank card. Once someone has gathered enough information to unlawfully create or steal an identity, they can use this to commit financial fraud. They can.
Here in the EU, our General Data Protection Regulations (GDPR) set a trailblazing example of data protection rights and privacy. As a result, we have some of the best-protected data for individuals in the world. However, with increased data protection, various exemptions, legitimate interests, and many other grey areas emerging as the UK gets through.