On-screen text: Strategic advice to combat business fraud
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Narrator: As a business owner, you know the importance of fraud prevention.
On-screen text: $8,300. Source: ACFE, Report to the Nations, 2022.
Narrator: With an average of $8,300 lost to business fraud every month, it accounts for 5% of all annual corporate revenue losses.
On-screen text: 5%. Source: ACFE, Report to the Nations, 2022.
Narrator: Fraud is one of the biggest threats to your finances, operations, and reputation. But what you may not realize is that the number one way in which fraudsters attack companies isn't through their tech, it's through their team.
Fraudsters learn about your employees and company and use that information to fool unaware workers. To help protect your company and its stakeholders, you need to tip the information balance in your favor by understanding their methods and your vulnerabilities, and keep your thumb on the scales so it stays that way.
To help, we're providing you the full measure of our fraud prevention experience.
The Truist Fraud Hub is your comprehensive resource to help safeguard against schemes and hacks. It provides topic-by-topic breakdowns of common scams, strategic security insights, and best practices for prevention to share throughout your company.
To fortify your security infrastructure, your Truist team brings proactive solutions and services like secure wire transfers to help prevent check fraud, secure payment solutions to prevent ACH and wire transfer fraud, and defense strategies to mitigate potential damages.
In the fight against business fraud, every victory is important, but no victory is final. That's because scammers are relentless. Halting them requires consistently adapting to their evolving tactics. Our Fraud Hub helps you gain the expertise to strengthen your defenses and secure your company's reputation and future.
Contact your Truist relationship manager or treasury consultant for more information on fraud protection.
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On-screen text: Truist. Copyright 2024 Truist Bank, Member FDIC
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