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Amid increasing fraud cases, is your small business secure? Managing and safeguarding a business is an ongoing process, but proven strategies can protect your business and financial health. Payment fraud poses significant risks for small businesses, often overlooked by the owners. Ignoring this threat can lead to devastating consequences, even business closure.
Shockingly, the SEON report of 2021 revealed a staggering 1,862 data breaches and 293 million victims, highlighting the pervasive threat. Business owners must prioritize security and stay vigilant against evolving fraud tactics to safeguard their businesses and customers.
When it comes to protecting your business from payment fraud, it’s all about making smart choices. One of the first steps is choosing a payment processor that’s got your back with exceptional security features….Story continues…
By: NICK CHANDI
Source: Proven Strategies to Combat Payment Fraud and Negative Cash Flow | Entrepreneur
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