Scam Companies Flourish in an Ocean of Breached Data

Expert Discussed Need for Enhanced Verification, AI Tools to Detect Fake Companies
About 20% of new companies created in the U.K. every day - or some 800 firms - are scams. These fake businesses are being created from an ocean of stolen high-quality data related to real people, making it hard to spot the fraudsters, said Graham Barrow, director of "The Dark Money Files" podcast.

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