Small Businesses and Scams

Scams are on the rise and small businesses are no safer from fraudsters than consumers. And in some cases, businesses are being scammed by their own customers.

Action Fraud, the UK’s national reporting centre for fraud and cyber-crime, say that one in four small businesses are affected by fraud every year, with costs to businesses estimated at early £19 billion.

How do entrepreneurs keep their budding business safe? What should companies do to protect their data? And when it all goes wrong, who can help small businesses?

Louise Cooper hears from Shara, Raoul and Louise about their experience of scammers targeting their businesses.

And she’s joined by our expert panel:

Paul Meskall - Manager of Fraud & Cyber Crime Prevention - UK Finance

Dr Roger Barker - Director of Policy and Corporate Governance - Institute of Directors

Gary Rycroft - Partner - Joseph A. Jones & Co.