Three External Scams Targeting Your Small Business

Small Business Owner Concerned About Scam

Businesses Beware  

Scammers are getting more sophisticated and are constantly evolving to avoid detection. And, within small businesses themselves, there are internal issues that may lead to a higher risk of further external scams. For example, small and mid-sized businesses (SMBs), who often lack a proper system of checks and balances, are especially appealing to fraudsters. In a report released in April 2018 by the Association of Certified Fraud Examiners, scams within businesses with fewer than 100 employees, led to the following:

  • Median loses of $850,000 – this was due to fraud committed by an owner or executive within the small business, further emphasizing the need for checks and balances.
  • Check and payment tampering was nearly three times more likely at a small business than a larger one (22% to 8%). Other frauds much more common at small businesses included skimming (20% vs. 8%) and payroll (13% to 5%).

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Risky Business: The Hidden Costs & Impact of Business Data Breaches

Data Breaches Become Business-As-Usual

With the volume and velocity of data breaches increasing year-over-year, it’s safe to say no business is safe. Now is the time to be prepared for the myriad of threats to personally identifiable information (PII) – that your business has on employees, customers, partners, vendors – essentially all of the data that runs the business.

Data breaches are often not easily contained (Equifax) nor can their impact be viewed as trivial. Let’s take a closer look at the impact of today’s data breaches upon businesses of all sizes.

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Intro: How To Establish a Secure Online Presence

Introduction: Creating an online presence for your small business  


Small Business Owners: The Unsung Heroes

Small business owners can be considered the unsung heroes of the business world. Even with a fraction of the resources and budgets that larger businesses have, small business owners still face the same challenges that all businesses experience.

One of those challenges is strategically aligning your business offerings with consumer trends. And with more than 4 billion users on the Internet (80 percent of them using smartphones), businesses are feeling the pressure to move online with them. Continue reading

Small Business Saturday – Is Your Business Prepared?

Small Business Saturday 2017 

Small Business Saturday infographic

Small businesses far and wide are preparing for Small Business Saturday, a retail holiday that focuses on promoting small businesses during the holiday season. Even though Small Business Saturday can help your business increase sales, customer base and brand awareness, it can also leave you vulnerable to numerous identity crimes if you haven’t prepared for the potential risks. 

Since its inception in 2010, Small Business Saturday has gained attention from consumers across the U.S. Per the Better Business Bureau (BBB), an estimated 112 million customers shopped at small businesses during Small Business Saturday in 2016. Today, over 70 percent of U.S. consumers are aware of the retail holiday.  Continue reading