GDFM Combat Clone Managed Service – Raising Your Defences (Part II)
It’s crucial that organisations seeking or managing investment processes consider the damage to brand and reputation through an incidence of cloning. Awareness of what cloning is and how prevalent it has become remains relatively low, despite it already being a significant issue and continues to grow exponentially. Read on to gain a clearer insight on the issues and actions that you can take and how GDFM’s Combat Clone Managed Service can assist. This Managed Service has received expert input from Associate Partners Sarah Peaston and Tony Adams, both drawing on their investor protection backgrounds; Sarah in a regulatory customer protection and Independent Non-Executive Director capacity and Tony in his capacity as the former Head of Investigations and Digital Forensics for the National Cybercrime Unit.
How We Can Help Raise Your Defences
GDFM has developed a ‘Combat Clone Managed Service’ which seeks to identify the initiation of cloning activity which can be acted upon swiftly to reduce and suppress the likelihood of fraud being committed and saving companies’ and individuals’ reputations and ultimately reducing investor harm.
The service is offered on a tiered approach and involves an essential screening element where pro-active measures are employed to identify the existence of cloning activity. Subsequent service Tiers include ensuring requisite parties’ awareness and taking rectification steps. The benefits of this service are numerous and include reinforcing investor confidence, deterring fraudulent activity, meeting regulator expectations and reducing the likelihood of security incidents.
For more information on our Combat Clone Managed Service or our other offerings please visit our dedicated page on Combat Cloning or contact Associate Partners Tony Adams on [email protected] and Sarah Peaston on [email protected].
Real life impact of cloning
The degree of sophistication seen in cloning can deceive the most diligent investor or company. The impact on victims whom have lost their funds and sometimes on company staff inadvertently involved, is very real. Both parties can be left to feel distressed by the experience and have their lives seriously impacted by the crime. GDFM encourages victims to visit Victim Support’s website or contact them. The Wales and England charity recognises that each person reacts to a crime differently and offers emotional and pragmatic support to victims, irrespective of if the crime has been reported or not. Please visit https://www.victimsupport.org.uk for full details of support available.