SMALL BUSINESS FRAUD TYPES
Protecting your business against evolving scams
M&T Bank can provide the tools and information to help you stop fraud without compromising service.
Types of frauds in small businesses
New methods of fraud emerge every day. Criminals are developing increasingly sophisticated techniques to steal sensitive information. Check fraud and phishing scams impersonating C-suite decision makers continue to be prevalent threats to businesses. Other common small business fraud types include ransomware attacks, ACH fraud, charge-back fraud, accounts payable fraud, tech support scams, malware attacks, remote access scams, payroll fraud and more. M&T employs the best technologies to offer leading fraud-detection services and solutions that mitigate your risk.
One of the best ways to defend against small business fraud is to become an active participant in your own defenses. Our resources can teach you and your staff how to recognize the signs of fraud and best practices for things like processing credit card transactions, avoiding suspicious hyperlinks, paying invoices and much more.
Identify your vulnerabilities
Prepare to defend against fraud as if it’s inevitable. M&T can help you build a plan to identify what information is sensitive, where it is stored, how it should be protected and what measures should be followed to secure it. It’s not difficult, but it is critical.
Don’t compromise service
Your business needs fraud prevention tools that still allow for a smooth buying experience for your customers. M&T can provide solutions for card acceptance, chip technology, PCI compliance and encryption and tokenization.
Fraud techniques are ever-evolving Stay informed so that your defenses are never outdated. Our team can guide you to the best resources to maintain an effective fraud detection and prevention strategy.
Learn how to help your business thwart off fraud. Visit your local M&T branch or schedule an appointment.
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Preparing Against Fraud in a Digital-First World
Detecting Fraud in Small Business
Small Business Fraud Protection
BUSINESS EDUCATION PORTAL