You don't know what you don't know.. but we do
The typical organization loses 5 percent of its revenue to fraud each year. On average, these fraudulent activities continue for 18 months before they either stop or the fraudster is caught. The median loss per business is about $145,000 although nearly a quarter of cases result in losses over $1 million.
Small businesses and non profits are both the most vulnerable and the least able to weather the financial effect and damaged reputation that comes with these incidents.
Businesses are vulnerable from the inside and the outside. Technology helps us run businesses more effectively but it also opens the door to potential hacks and data breaches.
What does the thief attacking your business look like?