Corporate Fraud & Theft
Protect Your Business
The cost of protection can be absolutely nothing for businesses that use high quality monitoring services like Equifax’s Portfolio Monitoring Platinum service. And costs for those who are not on a platinum type service will be as little as 50p per transaction. Depending upon what they monitor for, this could be less than £10 per year!
But unfortunately, to date, many businesses have still not appreciated the value of monitoring of their own company and credit information. Feedback from some Equifax customers suggested that they weren’t using monitoring services because they didn’t want to be bombarded with alerts and were concerned about the costs of each alert.
Addressing both of these issues, Equifax developed its Portfolio Monitoring service to enable companies to build multiple profiles that they can maintain. This ensures that only events of interest and concern are monitored, thereby limiting the alerts to only those that are relevant.
The company itself can also decide who within the organisation receives the alert. In the case of protection against ID theft, this is most likely to be the Company Secretary. They will receive an alert immediately following any change that is made to their own company details. This will include any change in the details held at Companies House. Unauthorised changes can then be acted upon immediately before any damage is caused.
