Business to business or B2B fraud has the potential to cripple organisations with millions of dollars in losses. In the wake of Covid-19, occurrences of B2B fraud have increased dramatically, with bad actors abusing or misusing a variety of situations and conditions brought about by the global pandemic. Commercial fraud has become much more likely because businesses and service providers of all types were put under tremendous pressure to respond and adapt to the crisis.
To fight B2B fraud effectively, businesses need to increase awareness of fraud and the various fraud types. And before planning to combat B2B, companies must understand it. Techno-Check prides itself on correctly understanding B2B-specific fraud and fraud-related red flags that organisations might be unaware exist within their establishment.
Although fraud risks are omnipresent in organisations today, learn about the essential tools and methods for an effective B2B fraud prevention strategy by contacting the experts at Techno-Check.