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 counsellors 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.

Preventing fraud in your small business

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.

Protect your business from credit card 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.

Fraud, cyber security and the cloud: What your business needs to know

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

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 Counsellors are available to help all CFIB members at 1-888-234-2232 or by email cfib@cfib.ca.