Tag: be vigilant
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How to Protect Your Business from Fraud
Posted On: May 24, 2019 by Falcon National Bank in: Manage your Business | Business Banking
Every business is susceptible to fraud, but small businesses are the most vulnerable. According to the Association of Certified Fraud Examiners (ACFE), private companies and small businesses rank highest in occupational fraud which can total a median loss of $164,000. Cybercriminals continue to develop sophisticated means to commit fraud. Spoof emails, malicious software spread through attachments and social media, fund transferring, and information breaches are just a few ways to gain access to...
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