When Technology Goes Wrong: Data Breaches and Fake Companies, with Graham Barrow
Description
Episode Title: When Technology Goes Wrong: The Shiseido Data Breach and the Rise of Fake Companies Podcast Host: Paddy Danda Guest: Graham Barrow, financial crime specialist, co-host of The Dark Money Files, and co-founder of Risk Alert 247
Episode Summary: In this gripping episode of When Technology Goes Wrong, host Paddy Dhanda is joined by financial crime expert Graham Barrow to uncover the shocking ripple effects of data breaches. What begins as a leak of employee data quickly escalates into a sprawling web of fraud, with over 2,000 fake companies created using stolen identities. Graham shares how his obsession with uncovering fake companies led to the discovery of this massive fraud network—and why the UK’s company registration system is a goldmine for criminals.
Together, they explore the vulnerabilities in corporate systems, the human cost of data breaches, and what needs to change to stop it.
Key Topics Covered: ✔️ How stolen HR data was used to create thousands of fake companies ✔️ The role of Companies House ✔️ Why corporate bank accounts are easier to exploit than personal ones ✔️ The psychological and financial toll on victims ✔️ What tech leaders and regulators must do to protect data
Notable Quotes: 🔹 "You can create a company without anybody looking at the details." – Graham Barrow 🔹 "Criminals aren’t interested in stealing data—they’re interested in what the data can do for them." 🔹 "There’s always a victim. White-collar crime isn’t victimless."
Resources & Links: 🎙 The Dark Money Files Podcast 🔍 Risk Alert 24/7
🎧 Listen now to uncover how a single breach can spiral into a nationwide fraud epidemic. If you enjoy the episode, subscribe, rate, and review to support the show.
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