Be aware of small business scams
Scams that target small businesses come in many forms – from false bills for advertising or directory listings to being charged for goods you never ordered, and even being sent fake renewal notices for your domain name or a domain name very similar to your own.
Remember these golden rules to help you beat scammers:
· Ensure you have clear procedures for verifying, paying and managing accounts and invoices. Limit the number of people authorised to place orders or pay invoices.
· Make sure the business billing you is the one you normally deal with. Check whether all the details on the invoices you receive are the same as usual or whether some are subtly different.
· Never provide personal information and banking details to anybody you don’t know and trust.
· Install reputable computer protection software and a firewall – and keep them up to date.
· Regularly train your staff to increase their ability to identify scam conduct before it’s too late.
You can protect yourself and your business by being aware of the most recent scams targeting small businesses. To do this, visit the SCAMwatch website, sign up for free SCAMwatch radar alerts and read the ACCC’s Small business scams factsheet or 2013 Targeting scams report.