According to the Federal 2021 Internet Crime Report, fraud victims lost $6.9 billion to internet-enabled crimes in 2021. Furthermore, fraud is rapidly increasing and changing everyday.

Recently, Penn Stone experienced two instances of check fraud, where an individual “cloned” our checks and used these checks to withdraw funds from our account.

Fraud can also include several varieties of “phishing”, where an attacker launches one of a variety of strategies to access sensitive information that they can then use to defraud businesses and individuals.

Join us on Thursday February 8 at 9am for a presentation addressing the risks of fraud in your business. Our presenter is Andrew Cappucci with First National Bank, and his presentation will include:

• An overview of the various types of phishing scams
• An overview of other types of fraud, including invoice fraud, stolen checks, altered checks, check forgery and account takeover
• Information on payment security strategies for both checks and ACH transfers to protect your company from fraud
• Information on other strategies to protect yourself and your company

This seminar is free to attend.  Complimentary refreshments will be provided.