How To Stop Small Business Scams

Running a small business is challenging enough without worrying about criminals trying to steal your money. Yet the harsh reality is that fraud targeting smaller firms has become an epidemic. Last year alone, over 41% of UK small businesses reported being targeted by scammers, with the average incident costing around £3,800. Some unlucky businesses lost upwards of £10,000 in a single attack. What makes this particularly frustrating is that many of these scams are entirely preventable. The fraudsters aren’t using sophisticated hacking techniques most of the time. Instead, they’re relying on clever social engineering, fake emails, and the simple fact that business owners and their staff are busy people who don’t always have time to scrutinise every payment request or invoice that crosses their desk. I’ve been working with small businesses for years, and I’ve seen firsthand how devastating these scams can be. Not just financially, but emotionally too. There’s […]

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