One in ten small businesses don’t know the risk posed by invoice fraud. The findings from UK Finance, reveal that these scams cost firms almost £93 million in 2018. Last year saw 3,280 invoice and bank mandate scam cases involving businesses. Each loss per case averaged at a staggering £28,000. Thankfully, around £29.6 million of
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Why supplier fraud is a real risk – and how to protect your business from it
by Ben Lobel • • 0 Comments
Cyber attacks, data theft and invoice fraud occur more often than most businesses think. In fact, companies in the UK are falling victim to these crimes every day. The problem is, while there is a lot of talk about cyber-crime in theory, nobody wants to admit to actually becoming a victim. This lack of communication
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