Haymarket carries out reviews of risks within client organisations. The purpose is to identify control weaknesses, and to make appropriate recommendations for improvement. Findings often result in savings and can lead to the detection of previously unsuspected fraud or theft. Reviews can be comprehensive or dedicated to specific areas, but will invariably encompass:

IT security
Procedures for protecting confidential information
Contract award and purchasing
Pre-employment screening
Treasury function
Physical security of buildings, stock and assets

A full report of findings, and recommendations for improvement in all areas reviewed, will be prepared and presented to the client. Risk reviews are always carried out with security of information very much in mind. This is because there has been a marked increase recently in the pro-active theft of information by unscrupulous competitors and organised crime who use confidential information such as treasury test codes to facilitate fraud. Such thefts are often carried out by professional information brokers, who are paid by results. Typical tactics include hacking into computer networks; planting covert listening devices; stealing office waste; infiltrating staff or contractors or the bribery of employees. Seemingly secure controls are often defeated by such tactics, which can result in the theft of valuable intellectual property or proprietary information such as client lists, sales leads, or research & development information. Clearly the results of any such action can be disastrous financially and can enable competitors to achieve an unfair competitive advantage.

A Business Risk Analysis by Haymarket will result in dramatically improved controls which will, inter alia, reduce substantially the opportunities for information theft.