Document shredder

Sir, I read with interest your report “ Directors to be given greater protection from ID fraud” (February 22), on the announcement by the UK’s Department for Business, Energy and Industrial Strategy of new laws enabling company directors to remove their personal addresses from documents filed at Companies House.

As the chairman of Cifas, the UK’s fraud prevention service, I highlighted last year the results of research Cifas commissioned which clearly found that one-fifth of all victims of identity fraud are now company directors (as covered in your front-page report “ Directors suffer higher risk of identity theft as hackers tap Companies House” on June 15 2017). I am delighted that the government has now taken the findings of this research, and the threat of identity fraud, seriously by introducing this long overdue change in legislation.

This is a big step in the fight against the identity fraudsters. However, identity fraud hit record levels last year, and with vast amounts of information about those who run businesses easily accessible via the internet, company directors need to do all they can to separate their personal and company personas.

Limit the personal information you share on social media and professional networking sites; shred all your financial documents; redirect your mail if you move home and actively check your credit file and your accounts. The quicker you spot that your details have been used fraudulently, the easier it will be to limit the damage caused.

Lady Barbara Judge
Chairman,
Cifas,
London WC1, UK

Get alerts on Letter when a new story is published

Copyright The Financial Times Limited 2019. All rights reserved.
Reuse this content (opens in new window)