Common business scams

One of the most effective ways to avoid being scammed is to be aware of the most common methods used by fraudsters to compromise the security of your business. In general, there are a few different methods used to trick you or your employees.

Educate yourself

Many of the scams targeting businesses fall under the category of “social engineering.” This is a process by which scammers rely on the act of manipulation and our desire to lend a hand or respond to urgent requests so they can commit financial fraud. 

When thinking about cybersecurity, you should also consider how employees can be vulnerable to social engineering and how they might be tricked into giving information to a scammer simply while trying to do their job. 

Types of business scams

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