Young SMEs are Easy Prey
Nov17

Young SMEs are Easy Prey

Millennial entrepreneurs (i.e. those aged 18 – 35) are the most vulnerable to fraud attacks, with over one third (35%) of young business owners claiming to have been a victim of invoice, mandate or CEO fraud. According to research from Accura, the insights business of VocaLink, this increases to 55% for businesses with owners aged under 25, but is as low as 2% for business owners aged over 45. The research suggests that...

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