TransUnion is the new trading name of Callcredit in the UK. The usual high levels of service and products will continue as normal whilst we update the brand over the coming months.

Avoiding data breaches: From the inside and out

08 May 2017

John Cannon, Commercial Director – Fraud & ID, Callcredit Information Group

In recent years, businesses that have suffered data breaches are becoming the rule rather than the exception. In 2016 alone, 65% of large firms detected a cyber security breach or attack, and 25% of those experienced one at least every month. Yet, British businesses still do not know how to combat these crimes, or even report them, according to a recent report from Barclays and the Institute of Directors.  

A high-profile data breach can have a long-lasting impact, and its repercussions often reverberate throughout an organisation. When data is compromised, there are significant costs for a business. Reputational damage being the biggest. A YouGov poll last year revealed that almost eight out of ten people would rethink giving their custom to a company whose security had been breached by hackers.

Read the full article on Defence Digital.