Criminals are constantly pursuing innovative methods to defraud you and your business, and they are leveraging technology to their advantage in doing so. As a potential victim, you should do everything that you can to reduce the chances of being targeted. In our last article, I outlined ten tips to protect yourself, your business, and your customers from the ruin of fraud. In Veritrans’ professional opinion, you can never have enough advice for protecting your life. Here are seven additional tips for fraud protection that you should seriously consider using:
1. Avoid promotional scams. Criminals have come up with very creative offers, promotions, and scams to get you to share your personal information. Be very skeptical if it sounds too good to be true.
2. Educate your employees. Make sure that your entire staff, from human resources to Vice President, understands their roles, responsibilities, and appropriate actions in order prevent and protect the business.
3. Protect your elders. Older members of society, whether friends or family, can sometimes be more vulnerable to fraud. Help protect their lives from fraud as well by informing them with these tips, as well as helping them report any fraudulent activity.
4. If you become a victim to fraud, take action. Criminals in fraud and identity theft depend on the embarrassment and shame of their victims to get away with their crimes. If you are a victim, or suspect someone has tried to scam you, take action immediately!
5. Report all suspicious activities involving unsolicited requests for your information to the office of your state’s Attorney General.
6. Have information ready for filing. A fraud report requires the name of the seller or company involved, your contact information, and how you lost the money, i.e., how you sent your payment.
7. Surround yourself and your business with companies you trust. This may sound like a no-brainer, but there are tons of businesses who partner with others just to get a boost in their niche or bank account. If one of those partners is fraudulent, the consequences will be severe.
The greatest way to protect your business’ credit card processing services from fraud is with a company who proactively prevents it. Veritrans has the credit card processing fraud prevention your business needs with superior quality service and no hidden fees. Guaranteed. Veritrans offers retail, wireless, online, and MOTO processing for all types of major brand cards: Visa, MasterCard, American Express, Discover, JCB (Japan’s Credit Card), Pin-based debit cards and EBT (food stamps) cards. Even if you already have an account somewhere else, call Veritrans for a free and confidential analysis of your current contract and fees. We will protect you from fraud, and help you understand and walk you through our cost-effective card processing service solutions.
