The FSB (Federation of Small Businesses) says that small firms are losing up to £800 a year to fraud and online crime in a report (PDF) issued yesterday.
“More than half (54 per cent) of businesses reported being a victim of crime in the last twelve months – 37 per cent having problems with phishing emails, 15 per cent falling victim to card not present fraud and another 15 per cent falling foul of IT problems caused by viruses and hackers. Most fraud, where it has a financial impact, costs small businesses between £500 and £5,000, while the average cost across the sector is £768 a year.”
An ounce of prevention is worth a pound of cure. Get Safe Online has detailed advice for small businesses that can help them avoid these problems.
