D&B Fraud Prevention

Day-to-day protection for your business

Today’s business environment puts an increasing premium on fast, accurate and trusted information provided in context. D&B is the world’s leading provider of business information, enabling business-to-business commerce for 166 years.

A widening concern

Fraud is a fact of life: sadly there are always unscrupulous individuals who want to make a quick buck out of cheating others.

In response, D&B has a team of specialists who are devoted to fraud prevention. Using a range of detection techniques, D&B monitors its universe of 4.8 million trading and recently dissolved UK Companies* with the sole aim of pinpointing fraudulent concerns.

Our team recognises better risk management techniques and increased internal controls are the most likely means of combating fraud. So by working together with our customers we can provide tangible benefits. Similarly, we are happy to work closely with elements of the enforcement and investigation communities to provide information and share what we have learnt - allowing them all to decide with confidence.

Let D&B work with you to reduce fraud

Fraudulent activity is notoriously difficult to measure. Like many crimes the victim is often reluctant to come forward. Companies which have suffered from fraud may withhold information for a number of valid reasons - whether it be to conceal the size of a loss, competitive pressures, or to protect a weakness identified within their operating infrastructure. Fraud can and does go unreported.

Working confidentially with a group of approximately 150 customers, D&B has saved these organisations at least £1.5 million each year for the last 3 years.

By refusing certain credit requests, these organisations were not only protected from the immediate cost of the goods lost. They were also spared the massive challenge of increasing sales revenue to recoup this cost. Just take a look at the chart below:

Net Profit	5%	6%	7%	8%	9%
Loss	£ Business required recover trading position
£50,000	£1.0m	£833,333	£714,286	£625,000	£555,556
£100,000	£2.0m	£1.666m	£1.428m	£1.25m	£1.11m
£500,000	£10m	£8.33m	£7.14m	£6.25m	£5.55m
£1,000,000	£20m	£16.6m	£14.2m	£12.5m	£11.5m

Source: Home Office Research & Statistics Directorate

How do D&B identify fraud?

Businesses can be brought to our attention for a number of reasons, for example the result of suspect financial information, an unlikely trading location or an adverse customer experience. Thanks to D&B's ability to trace corporate linkages, all associated organisations are then identified which helps us to see the wider effort behind a business fraud. Armed with this information, we take action to prevent further credit from being granted.

How do I find out more?

If you would like more information on how D&B is helping to fight fraud or believe your organisation may have been affected, please email or call us on 01628 492500

Identity Theft

Long Firm Fraud

Credit/Debit Fraud

Cheque Fraud

Decide with confidence today. For more information on D&B's Risk Management Solutions, call 0800 001234 or email.