Vigilance urged as struggling firms fall victim to business fraudsters

UP to two thirds of companies have been victims of business scams in the last 12 months, adding further to their struggle for survival, a survey has found.

In response to its findings ISME, the Irish Small & Medium Enterprises Association, has warned all businesses to be extra vigilant over the summer holiday period as “fraudsters target the business community who are particularly vulnerable,” it said.

The association said fraudsters were “costing companies thousands.”