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  • Digital illusion: How the UK’s paper-based processes fuel cyber attacks

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    Thousands of UK SMEs are operating with outdated, paper-based verification processes that expose them to cyber attacks, fraud, hinder growth, and erode confidence. A new report from regtech firm Umazi called for an urgent overhaul of the UK’s corporate identity infrastructure, warning that legacy verification systems have become a weak link in Britain’s digital economy. [...]

    The ICO said it initially planned to fine Capita a total of £45m, but this was later reduced by “mitigating factors”

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