Business fraud is as old as business, but it’s constantly evolving and taking new forms. Especially over the past year and a half, with many workers first shifting to their homes and now returning to the office, security gaps and changes in behavior have emerged that fraudsters are able to turn to their advantage.
Cyber fraud has become an everyday occurrence in the business world. While the threat is invisible, the outcomes can be extremely damaging. Major cyber-attacks have helped raise awareness about the risks to large companies, but smaller companies are just as, if not more, vulnerable to cyber fraud. Fraudsters know that smaller companies typically have less…
When a business reaches a certain size, it often adds dedicated human resources personnel. Unfortunately, these specialists often end up spending much of their time managing systems and babysitting data, instead of focusing on areas where they can do the most good.
Business email fraud, also known as Business Email Compromise (BEC), is on the rise across the country. One of the best ways to protect your business is to educate yourself and your employees. Unlike other cyber-attacks, these types of fraudster emails don’t contain malware or malicious URLs. Instead, they take advantage of social engineering.
People often associate “risk” with big things, like a fire, accident, or major theft. But risk can be more subtle, like rising raw material prices or a slow sales period. And what about the risk of losing your top salesperson or your most experienced technician?
Fraud against businesses can take many shapes and sizes – from forged checks to electronic breaches. While no business is fraud-proof, there are ways to reduce risk and deter would-be fraudsters. Since every business is different, your exposure – and the steps you take – will be unique. Consult with your business community, security experts…
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