Category: Business Finances

Learn how wire fraud schemes target businesses, warning signs to watch for, and how employee training can help prevent financial losses.

From January 2025 to November 2025, the Federal Bureau of Investigation Internet Crime Complaint Center (IC3) received more than 5,100 complaints reporting account takeover fraud, with losses exceeding $262 million.

When small businesses fall victim to a cybersecurity attack, the fallout can be devastating. While some small business owners may argue that cyber criminals have bigger fish to fry, they forget that their business can be easier to infiltrate and steal customer data than a larger business with a specific IT department.

Business Email Compromise (BEC) is a scam that seeks to defraud a company through email. Because so much of business is conducted through email, it makes this scheme highly damaging if it succeeds.

Whether you are a small business or serve thousands of customers a day, taking steps to fight check fraud is vital to keeping your organization safe. The Treasurer’s Guide to AR Payment Optimization estimates that 40% of all business-to-business (B2B) payments in the United States are made via check.