SmallBusinessNewz

SMBs Hit With Banking Fraud

More than half (56%) of small and medium businesses experienced banking fraud in the last 12 months, according to a new study from fraud prevention firm Guardian Analytics and the Ponemon Institute.Among those that experienced fraud, 61 percent were victimized more than once and 75 percent experienced online account take over and /or online fraud. These figures are nearly the same as those in the 2010 Business Banking Trust Study, indicating banks and businesses are struggling to make progress on the issue.

5 Steps for Preventing Employee Fraud

Did you realize that a typical organization loses up to 5 percent of its annual income to fraud? This information is one result of an annual survey of Certified Fraud Examiners conducted by the Association of Certified Fraud Examiners. As reported in the video below, these losses could be very harmful to small businesses.

New Software Aims To Protect Small Businesses Finances

Business-to-business subscription software firm AuditMyBooks has released Analyzer Ap, a new software application that helps small businesses scan their accounting transactions to detect errors, theft and fraud. According to the Association of Certified Fraud Examiners (ACFE), companies with less than 100 employees represent more than 30 percent of all fraud cases in the United States.

Online Brand Fraud A Growing Concern

Small business owners may want to start keeping an especially sharp eye out for unauthorized appearances of their companies' names.  A new report indicates that online brand fraud is on the rise.

Survey Finds eCommerce Pros Concerned About Fraud

If everyone was given a Ferrari and a lifetime supply of food, crime rates would probably drop drastically.  Unfortunately, we're far away from that situation, and so eCommerce professionals are very concerned about fraud this holiday season.

Fraud A Big Problem For Small Businesses

Large companies are often blessed with large safety nets.  Small companies tend to operate on the opposite side of the scale.  Be extra careful, then, as a report from the Association of Certified Fraud Examiners indicates that small businesses are being hit hard by fraud.

Fraud Running Rampant Among Small Businesses

According to the findings of a