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How to Spot Social Media Scams Targeting Your Small Business

How to Spot Social Media Scams Targeting Your Small Business

We’ve all heard horror stories of scams and phishing attempts aimed at stealing our personal information. Unfortunately, millions of us fall victim to this type of crime, and according to a Proofpoint statistic cited by CNN Money, the number of phishing attempts on social media networks has risen 150% over the past year.

“The number of phishing attempts on social media networks has risen 150% over the past year.”

It’s important to remember that fraudsters target small businesses, as well as individual consumers. Check out this video from CUNA originally shared on our Financial Resource Center, which outlines a variety of recent, common social media scams to look out for:

 

As a small business owner, you want to do your best to accommodate customers and prospects, but it’s important to stay on top of these trends to protect your business from harmful criminals that may take advantage of your hospitality.

To learn more about protecting yourself and your business from fraud, visit our Financial Resource Center or the Security Center at clearviewfcu.org.
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