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30/09/2019

Protect your business from fraud

Are you aware of the risk of fraud to your business? 7 in 10 businesses leave themselves at risk1, and, according to UK Finance, the cost of fraud losses in the UK came to £671.4 million in 20182. From phishing emails to transaction laundering and bogus engineers, being aware of the threats and taking simple security steps will help you better protect your business.

For information and advice on everyday fraud prevention, read our guide.

Further help

Read our insight series content to learn more about the most prevalent types of cyber threats and how hackers may try to infiltrate your business.

Visit our Payment Security Insight Series

Completing end-of-day banking procedures and daily reconciling against your bank account can help identify early warning signs. Our ‘how to’ guides can help.

Check out our “how to” guides

See how we helped family-run garden supply business, GardenSite, with a secure and efficient payment service for their increasing number of cardholder not present (CNP) transactions

GardenSite case study


Sources:
1 https://ac299a4b87076a66ac1c-ba8981882613ab522a836b37c94562dc.ssl.cf3.rackcdn.com/content/uploads/2018/04/Businesses-infographic.png
2 https://www.ukfinance.org.uk/system/files/Fraud%20The%20Facts%202019%20-%20FINAL%20ONLINE.pdf

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