The latest survey shows that firms are not doing enough to prevent fraud and with the levels of cyber crime also increasing, steps need to be taken to make sure that the business is not at risk.
It is not simply a matter of having policies and procedures, but acting upon instinct and following best practice when it comes to digital activity.
Care needs to be exercised at all times.
Firms in Merseyside and across the North of England are “burying their heads in the sand” when it comes to preventing fraud. Business fraud represents one of the biggest threats to the survival of small and medium-sized enterprises but research the UK’s insolvency trade body R3 reveals too many companies are doing too little to tackle it.