Fraud is constantly evolving, and it’s happening more frequently with fraudsters having more resources to commit fraud with than ever before. When fraud hits a small business, the loss is not in just dollars — it’s also the added stress and hassle for everyone in the workplace.

While fraud comes in many different shapes or forms, there are ways that you can take precautions to minimize fraudulent activity. In fact, we believe that fraud prevention is about taking proactive steps to limit your business’ exposure to certain risks.

Our Business Advisors are here to help you protect your business by providing you with some small business advice and fraud prevention tools.

How to keep your information safe and secure?

As technologies improve and affect every aspect of business, you need to keep updating and strengthening how you keep your data secure. Providing all employees with security awareness and governance training is one of the most effective ways to improve your overall security.

In this free webinar, join Payworks’ industry professionals as they cover governance and information security for small businesses, including:

  • Most common payroll fraud
  • Audits and compliance
  • Password security
  • Common malware
  • And more!

Whether you have one employee or dozens; whether you process payroll in-house or outsource it, this session will arm you with practical knowledge that you can share with your colleagues to help your organization.

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Small businesses can be very susceptible to fraud. Every year, entrepreneurs become victim of fraud; fewer people within the business makes it harder to spot the various types of fraud that may be targeting them. It is estimated that fraud is costing small businesses millions of dollars annually.

During this webinar, participants will learn about the types of fraud specifically targeting small businesses (credit card, directory, health and safety, etc.), what to do when you see fraud and what steps to take if you are a victim of fraud.

Even if you think you’re doing a good job preventing fraud, you’re at risk: one in five small businesses in Canada will take a financial hit from some form of fraud, and the average business will spend more than $6,000 fighting it.

During Small Business Week 2018, we teamed up with Visa Canada to bring you a free webinar to help you prevent and combat fraud in your business.

In this webinar, hosted by David Iudiciani, Product Marketing Manager, Microsoft Canada, we will explore 3 areas of cyber security:

  1. Security Check-Up
  2. Demystifying Common Threats
  3. How the Cloud can Help Secure Small Business

✦ More Human Resources and Health & Safety support for small business:

  • HRNow! Concierge – 50+ member-exclusive policy templates, checklists and posters with a combined value of over $43,000 and customizable to meet the needs of your business
  • Access to one-on-one tailored advice from dedicated Business Advisors across the country
  • Extensive library of webinars on topics ranging from employee management to wellness to cybersecurity
  • And much more…

✦ In addition, CFIB offers:

  • A Voice for your Business: we advocate on behalf of small business and influence public policy based on our members’ views
  • Exclusive Savings and Benefits: we work with carefully selected partners to provide great rates on essential services for your business.

What to do if you suspect fraud?

Whether you've been scammed or targeted by a fraudster, you should always report it.

Canadian Anti-Fraud Centre
Website: AntiFraudCentre.ca
Telephone: 1‑888‑495‑8501

Competition Bureau
Website: CompetitionBureau.gc.ca
Telephone: 1‑800‑348‑5358

Still need help? Our Business Advisors are available to help all CFIB members at 1-833-568-2342 or by email at hrnow@cfib.ca.

Customer service representative talkin on the phone

In business for your business. Since 1971. With over 100,000 members across every industry and region, CFIB is Canada's largest association of small and medium-sized businesses. We're here to help. Please contact us and we'll make sure you get the information you need. Please call 1-833-568-2342.

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