When you hear the term “identity theft,” the first thing you might think of is individuals being targeted for their personal information. What doesn’t get talked about as much, yet results in millions in lost revenue each year, is identity theft as it relates to businesses.
dummy in the workplace is a lot more common than most people think.
That means more elusive incidents, using a combination of digital tools like emails together with social manipulation tactics called “social engineering,” can and does happen. Particularly for small and medium-sized companies, the consequences can be devastating. From my point of view as Cyber, Crime & Fraud Insurance Specialist, the retail and distribution sectors are particularly vulnerable to this lesser-known form of fraud, and people should know how to protect their company and employees.