Take these practical steps to protect your business from scams:

  • Remember: if it sounds too good to be true, it probably is.
  • Educate your team about common scams and how to spot them.
  • Never share personal information or banking details with people or businesses you don’t know or trust.
  • Consider what business information you share on social media and networking sites, as scammers use publicly available information to target businesses.
  • Don’t be pressured by pushy tactics like bullying, negotiations for a lower price, or charges for goods and services you didn't order.
  • Keep your filing and accounting systems well organised, and have clear procedures for verifying, paying and managing accounts and invoices.
  • Keep your devices secure. Install computer antivirus software and firewalls. Make sure passwords are strong and updated regularly.