Fraud: Helping you protect your business

Fraud costs businesses billions of pounds every year. As well as financial loss, reputational impact and time lost has a big impact on the bottom line of businesses of all sizes across all sectors.

Source: ONS – 12 months to August 2015

5m+incidents of fraud in the UK in 2015

2.5mincidents of cyber-crime in the UK in 2015

Source: Financial Fraud Action

In 2015

£755m was lost to fraud in the UK

Further losses of

£1.76bn were prevented

Protect your business from becoming a victim of fraud by understanding the types of fraud and the steps you can take to prevent them.

On the phone Online Payments Card

fraudEmployee

risks

On the phoneCall back if you’re not 100% sure it’s the bank calling you.

Never provide your online passwords or give out card and reader codes on the phone or via email.

Don’t rely on your incoming caller display to verify someone who’s phoning you.

Know that the bank will never phone you and ask you to move your money to a “Safe Account”

Protect all PCs with anti-virus software and install updates as soon as they are available.

Only download software from sites you trust and can verify.

Log out and call the bank immediately if you see unexpected screens or pop-ups when using online banking.

Online

If a supplier asks to change the account number for where you send their money, check the request is genuine.

Make sure emails asking for payments to be made are genuine.

Create fraud processes and educate your staff on them.

Payments

Protect your PIN.

Never leave your card unattended.

Look for the padlock secure sign on webpages.

Card fraud

Review recruitment procedures.

Limit employee access to data to the minimum that’s required to carry out their role.

Employees should have strong passwords and not share them with other employees.

Avoid using free wifi for secure work tasks.

Employee risks

Where to go for more informationFor more information about how to protect your business from fraud, download our brochure.

Or visit:

www.actionfraud.police.uk

www.cyberstreetwise.com

www.getsafeonline.org