Photo: ©NicoElNino – stock.adobe.com.
One less-obvious legacy of the pandemic is the legion of new fraudsters it trained. Having extracted more than $163 billion in fraudulent payments for in pandemic-era benefits, they’ve moved onto the private sector – and small businesses are a chief target. No business is too small.
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our LinkedIn group, ALM’s Small Business Adviser, a space where small business owners can gather to network, have discussions and keep up with the trends and issues affecting their industries.
Cybercriminals are targeting small businesses with tech-enabled cyberattacks, and their motives are often financial. They’re looking to compromise valuable personally identifiable information to commit identity or business identity theft – or to access a business’s financial accounts directly.
