For as long as there has been business, there has been business fraud. Although technology has changed the methods, the basic approaches are still the same.
Many businesses think of banks primarily as a place to deposit and borrow money, but there is a whole range of services, known collectively as treasury management, that can elevate a bank from a service provider to a partner for businesses of any size.
No economic data point exists in isolation. Sometimes economic trends overlap and amplify each other; other trends may partially cancel each other out. When multiple trends hit at once, in new ways, the sense of uncertainty can be overwhelming.
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…
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.