It's correct legal advice in the UK.
It was the procedures I learned about from a couple of friends who worked in the Cty Of London.
While they had standing, they didn't have the resources, but the bank's insurance did. :D
It's why some of the insurance companies covering the finance industry in the City, require the insured company's staff to be provided with devices-for-work-only, as it reduces their risks.
@feoh Talk with your lawyer, as you may have a good case.