The Better Business Bureau Northwest + Pacific is alerting small business operators about scammers preying on small businesses.
These scammers know there is much to take care of on a daily basis and they’re waiting on something to fall through the cracks, according to the BBB NW+Pacific.
To better protect small businesses, BBB NW+P has identified the riskiest scams that target small-business owners. Here’s what to watch for:
- Credit Card Company Imposter Scam
- Fraudulent Advertising Offer
- Fake Invoice or Vendor Bill
- Fake Check Scam
- Tech Support Imposter Scam
It’s also imperative to become familiar with common tactics con-artists use. Among the most popular, 53 percent of business owners reported the scammer pretended to be someone they trusted, while 49 percent said the scammer created a sense of urgency.
The best defense to protect against scams is an informed workforce.
Train employees not to click unfamiliar links or open suspicious emails.
Create a culture of communication so that employees know they can ask if they’re unsure, rather than giving the green light to a charge or signing a check they should not have.
BBB NW+P offers these tips to small business owners:
- Verify Invoices: Do not pay for a bill if you can’t locate where it came from or if the order was legitimate. Scammers rely on the fact you’re too busy to check.
- Be Tech-Savvy: Know that caller ID, emails and websites can all be spoofed to look real when they’re not. Be careful when sending or sharing company information
- Stay Secure: Having someone on your team, or a third-party vendor, that handles your cybersecurity is a must. For detailed information on cybersecurity, especially if cyber-insurance is right for you, head to the FTC website.
For more information on how each of the five small-business scams work or for inquiries to talk to a BBB-accredited, small-business owner in Portland, contact Better Business Bureau Northwest + Pacific's Marketplace Manager Danielle Kane, at 503-833-2301, or at email@example.com.