Rockland Trust recently hosted a webinar to help businesses prevent fraud attacks using cybersecurity strategies. This virtual event couldn’t have been more timely, as recent data reveals just how frequently business fraud occurs and the devastating consequences it can have on organizations and employees. In fact, according to PwC’s 2022 Global Economic Crime and Fraud Survey, 51% of the organizations they surveyed experienced fraud in the past two years. So, what can businesses do to protect themselves?
Kevin Ricci, Partner at Citrin Cooperman, joined Stacey Coyne, VP, Institutional Banking and Treasury Management Team Leader at Rockland Trust, for an interactive conversation on the current cybersecurity landscape and how businesses can take action. We recommend watching the full video for more context, details and visuals.
Here are a few topline takeaways to protect your business and avoid becoming a fraud statistic:
8 Ways to Protect Your Business From Fraud
Taking the time to become cyber-aware and implement preventative strategies is well worth it considering what’s at stake: your business’ finances, reputation and time.
If you’re interested in getting a better handle on where your business may have cybersecurity gaps, contact Kevin Ricci at kricci@citrincooperman.com for a 50% discount on the SCORE Report risk assessment. You can also contact a Treasury Management Officer at RTCCashManagement@RocklandTrust.com to discuss solutions to layer your security and safeguard your hard-earned funds.