Cyberattacks continue to rise for businesses. And Finance is one of the most common targets for crooks. IRS and its Security Summit, a group of tax pros, is reminding companies to remain vigilant this year-end and watch for fraud schemes. With all the hustle and bustle of year-end prep, your Finance team may not be […]
It’s that time again. IRS is warning business leaders and individuals about the top scams to look out for right now.
Every company is vulnerable to internet fraud, no matter where they’re located. But the ones in these six states took the largest financial hit last year. The following states all reported losses totaling between $99 million and $199 million last year, according to the FBI: Colorado Illinois Missouri Ohio Pennsylvania, and Virginia. That comes from […]
A model law that’s in the works will affect how you handle employees’ personal data that you and your Finance team work with every day. The Uniform Personal Data Protection Act, drafted by the Uniform Law Commission, is specifically designed to address the safe, secure storage of personally identifiable data. Examples include names, Social Security […]
To avoid data breaches, it’s vital to make sure your staffers are being careful with how they relay information internally.
If your finance team ever handles 1099-G forms, it should be wary of a new scheme involving that specific information return.
Are you fully confident all the people at your company know exactly what phishing is? Is it possible some don’t even know the basic definition?
Looks like fraud and COVID go hand in hand! The still-raging coronavirus pandemic is inflicting a spike in financial scams on businesses everywhere. A staggering nine in 10 of your peers have witnessed an overall increase in fraud at the end of last year. And 44% add it’s a “significant” increase. So finds the Association […]
Along with using advanced tech skills to infiltrate your company, many criminals also use basic psychology and familiarity with emotions in their phishing scams.
