SMEs lost €17m to email scams in last two years 

Average losses of €11,500 to businesses who fall victim

Over €17m has been lost by small and medium Irish businesses over the past two years through email-related scams. Picture: Dominic Lipinski/PA Wire

Over €17m has been lost by small and medium Irish businesses over the past two years through email-related scams. 

That’s according to new findings from FraudSMART, the fraud awareness initiative led by the Banking & Payments Federation (BPFI).