Financial Scams and Phishing: Protecting Your Business from Fraudulent Activities
The collapse of multiple banks and the approaching tax deadlines have brought about an increase in financial scams and phishing activities. It is now more crucial than ever for businesses to be vigilant and take steps to protect themselves against fraudulent activities. Here are some important reminders for your team to help you safeguard your business against financial scams and phishing.
For All Team Members:
The first and foremost rule is to be cautious when clicking on any links related to banking, payroll, taxes, or other financial services. If you receive an email, link, or document that you are not sure is legitimate, do not click on it. Instead, pick up the phone and call the company using the number listed on their official website. Do not use the phone number provided in the email as it may lead you to a scammer who is trying to deceive you.
Financial and HR Departments:
As a member of the financial or HR department, you must exercise extra caution when dealing with changes to vendor payments or employees' payroll information. Do not trust the contact information provided in the email. Scammers may provide you with a fake phone number or email address, leading you to share confidential information with them. Always use a second method of verification such as a phone call to confirm any changes to avoid being scammed.
Taking these small steps can make a big difference in safeguarding your business. Want personalized recommendations to further protect your business? Talk to one of our partners today!