Scammers want to steal from your company. Here’s what they do, and how you can shut them down.
You’ve undoubtedly heard about consumer scams in some shape or fashion. Perhaps you’ve read a story about an elderly relative whose retirement funds were drained by a pretend tech support agent or saw something on the local news about people writing bad checks. These types of scams are certainly a threat to individuals and families. What you may not realize is that many companies also find themselves in the sights of scammers. In too many cases, they don’t see the signs of fraud, and don’t know what’s happening until it’s too late.
Below, you’ll find a guide for avoiding scams in business, especially the kind that take the form of business-to-business (B2B) interactions. Whether you own a business or are employed by one, this is information you’ll want to review very carefully. You’ll find a list of the scams most often employed by those hoping to swindle companies out of their cash. You’ll also learn about the steps you can take to ensure your business doesn’t become a statistic.
Correspondence season is in full swing. That means that the Internal Revenue Service (IRS) is sending out bills and notices to taxpayers – including correspondence focused on cryptocurrency and healthcare reporting. It may be hard for taxpayers to tell the real thing from the fakes – and scammers are taking advantage of the confusion. Here’s what you need to know.
Many taxpayers are aware that the IRS will never call to demand immediate payment over the phone, or call about taxes owed without first having mailed you a bill. To try and trick taxpayers, some scammers are sending letters, hoping that folks will take the bait.
OVER THE PAST few years, scammers have increasingly siphoned cash off of digital payment networks, stealing hundreds of millions of dollars so far. Not only is the problem hard to contain; new findings show that it’s evolving and maturing, with new types of ATM malware on the rise.
Researchers at the Kaspersky Security Analyst Summit in Singapore are presenting findings on Wednesday about a new wave of payment system scams. Beyond so-called jackpotting attacks, which cause individual ATMs to spit out money, hackers are manipulating ATM networks and the digital authentication checks in the machines to cash out fraudulent transfers they initiate around the globe.