Cyber-attacks affect businesses every day, costing billions of dollars in losses each year. Unfortunately, 40% of cyber-attacks target small businesses. Hence the importance of business owners defending their bottom line by understanding these basic online practices.
Web fraud, along with smartphone and email fraud is a criminal offense. The schemes are based on social engineering tactics. Hackers create malicious software with the goal to corrupt business networks, computers and mobile devices. Their goal is to steal data such as customers' personal information for financial gains. Cyber threats affect businesses and governments as much as individuals.