This year has been rife with scams, data breaches and online fraud, and with the silly season around the corner this is set to intensify, writes Chris Dahl, co-CEO Pin Payments. Last year, Australians lost a whopping $2 billion to scams, according to the ACCC. This year it’s set to get worse with fraudsters… Read more »
Fraud is one of those terms no-one likes to hear in business, but the reality is it exists, and it’s your job to put the correct measures in place to protect your business. However, knowing where to start, when it comes to safeguarding your business, can be the hardest part. The good news is, awareness… Read more »
Fraud is one of those terms no-one likes to hear in business, but the reality is it exists, and it’s your job to put the correct measures in place to protect your business. However, knowing where to start, when it comes to safeguarding your business, can be the hardest part. The good news is, awareness… Read more »
More than half (53%) of small business owners are worried about being scammed Yet only a third train staff in scam awareness and prevention Australian SMBs lose an average of nearly $40,000 per scam Scams on small businesses are costing owners more than $20,000 a scam according to new research from Westpac. The Westpac State… Read more »
According to cyber insurer Edmund, the fastest growing fraud threat for small business is social engineering fraud. These attacks occur when criminals pretend to be customers, suppliers or high-profile individuals within businesses and trick staff into paying large sums of money into the attackers’ bank accounts Falling victim to a cyber attack is unpleasant and… Read more »
Find out what it is and how to recognise the warning signs so your small business is not left in the lurch.
The Phoenix Taskforce is working to stamp out illegal phoenix activity which costs the Australian economy around $3.2 billion each year.
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