Fraudsters are constantly finding new, creative ways to attack businesses

The COVID-19 Pandemic and the emerging work from home culture are driving new cyber fraud trends. 

Keep one step ahead of these emerging threats. Check out this Fraud Fast Facts and Tips from the team at People’s United Bank, and take the following steps to reduce risk in your business: 

1. Review Employee Training 

2. Assess Fraud Prevention Technologies 

3. Strengthen Online Tools 

We also encourage you to take a look at the following articles and reports highlighted in the Fraud Fast Facts report:

• Graphs showing the rise in cyberfraud, payment fraud, and identity theft:  ACFE Fraud in the Wake of COVID-19: Benchmarking Report, December 2020 
• Two articles about phishing and social engineering, showing the need for employee training, updated fraud prevention technologies, and strengthening online tools and processes to identify and investigate potential fraud threats. 
  • Guardian Digital, Think Like a Criminal: What You Need to Know About Social Engineering Attacks in 2020 
  • Data Insider, Social Engineering Attacks: Common Techniques and How to Prevent an Attack 

Learn more on June 15th when the team from People's United Bank will discuss how the banking system works, trends in cyber fraud, and tools and best practices to protect your business information from fraudsters.

The  NH SBDC and the NH Tech Alliance and the NH SBDC have teamed up to deliver free cybersecurity training for NH small businesses.

Register for Cyber Fraud – The Banking System - Tools / Best Practices to Protect Your Accounts with People’s United Bank on June 15 at 1:00 p.m.