Online Security

Improving Financial Outcomes — The FCA’s Three-Year Strategy

Most people would agree that the financial sector has been in dire need of more targeted regulation — and, on the whole, those companies that have always operated ethically would also agree. In a sector tarnished by everything from the LIBOR scandal to consumer scams, tougher regulations should allow firms already meeting or exceeding those standards to get a head-start. What’s the Background to the Strategy? S
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Did you know that your business email footer must contain specific pieces of information by law? The Companies Act (UK letterhead legal requirements) states that all business must display the following business details on their letterheads. The name of their business The part of the country that the business is registered The registered company number The address of the registered office Furthermore – if you’re a par
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Keep Safe from Cyber-Crime

Early this month, BA issued an apologetic warning that their booking website had been hacked. Describing the incident as a “sophisticated, malicious criminal attack”, they admitted that customers’ credit card details had been stolen — including the CVV codes, suggesting an interception rather than harvesting data. BA is just the latest in a long list of major organisations that have suffered recent
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Private Businesses in 2018 — Advice from PwC

Every year brings new challenges and opportunities for businesses, but 2018 seems set to be even more challenging than usual. And it’s not just me who thinks so. PwC (Pricewaterhouse Coopers), one of the Big Four auditors, has set out six things for private businesses to look out for in 2018. Corporate Governance for Private Businesses The FRC is planning a big shake-up of the Corporate Governance Code. They’re curre
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Keeping Your Business Out of Trouble

We’ve all read it over the past few months, banks, phone companies, and goodness how many other institutions have been hacked. Daily scams are becoming the norm; and every day seems to add to the problems small businesses are facing, myself included. I have written before about protecting your business with contingency planning and I make no apologies for repeating my concern. Remember to check this on a regular basi
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Most of us would struggle to do without a phone, but the price of our dependence is being bombarded by nuisance calls and text messages. You may have been plagued by calls offering you everything from PPI compensation to double glazing — and those are the more benign ones. Many nuisance callers are trying to scam you. You’re not alone. Research by Which? suggests that between 2013 and 2016, 40% of all phone calls wer
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Be Cyber Street wise, government tells business

Online security is as just vital for businesses as it is for members of the public surfing the internet. And if small and medium-sized enterprises fail to take basic precautions to protect the electronic records containing personal data of customers it could cost their reputation dear. As well as any losses to fraudsters, fines of up to £500,000 can be levied under the Data Protection Act on businesses found guilty o
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