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 leaders and 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.