The use of these reports varies and may range from protecting against suspected fraud to assessing business performance.
[1] Business credit monitoring can provide instantaneous email alerts about notable or suspicious activity.
In 2012, in South Carolina, businesses filing tax returns were invited to enroll in free business credit monitoring services provided by credit agencies Dun & Bradstreet and Experian.
The invitation was made after state officials claimed that an international computer hacker accessed data from up to 657,000 businesses in what experts call the largest cyber-attack against a state tax agency in the nation.
In the United Kingdom, the Big Three credit agencies all offer this service as well as smaller bureaus.