Remember these practical steps all businesses can take to protect themselves from scams:

  • Remember: if it sounds too good to be true, it probably is.
  • Provide your employees with information about scams and how to avoid them.
  • Never provide personal information and banking details to anybody you don’t know and trust.
  • Consider what business information you post on social media and networking sites, as scammers use publicly available information to target businesses.
  • Don’t let tactics like bullying, negotiations for a lower price, or charges for unordered or unused goods affect your decision.
  • Keep your filing and accounting systems well organised, and have clear procedures for verifying, paying and managing accounts and invoices.
  • Keep your devices secure. Install computer protection software and a firewall, and change your passwords regularly.