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If your business has not been a target of fraudsters, you’re one of the few lucky ones. In today’s world, cybercriminals are more sophisticated than ever, constantly devising new ways to exploit businesses and banks. It’s an important reality that businesses must be aware of the potential threats and be prepared to avoid them.

What to Do If You Suspect Fraud

You're not alone if your business has been the target of financial fraudsters. According to the Associated for Financial Professionals (AFP), about 80% of businesses reported experiencing some version of fraud in 2023.