Common Business Scams: How to Spot and Avoid Them
As technology evolves, so do the tactics of scammers that target your businesses. Small and mid-sized businesses continue to be prime targets for fraudulent activity. Here are common business scams that you and your employees should be watching out for, and how to avoid them.
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Check Fraud: The Costly Impact on Businesses
In an age of digital transformation, it's easy to assume that paper checks are a thing of the past. However, for many businesses, especially those in B2B transactions, checks remain a common method of payment. Unfortunately, this continued reliance has made check fraud a persistent and costly threat.
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Business Succession Planning: Securing Your Business's Future
Monson Savings Bank understands that building a successful company takes years of hard work, dedication, and vision. But what happens when it's time to step away? Whether due to retirement, unexpected life events, or a desire to pursue new ventures, every business owner will eventually face the question: What's next?
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Corporate Account Takeover: A Silent Threat to Your Business
Businesses face a growing number of cyber threats?and one of the most dangerous is Corporate Account Takeover (CATO). Unlike traditional fraud, CATO is stealthy, sophisticated, and often devastating.
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Phishing Emails: A Persistent Risk for Your Business
It goes without saying that email is essential for running a business?but it?s also one of the most common entry points for cybercriminals. Phishing emails are designed to trick you or your employees into revealing sensitive information, clicking malicious links, or downloading harmful attachments.
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