Small business with under 20 staff most vulnerable to scams: ACCC

SmartCompany, May 25, 2018

The ACCC received 5432 scam reports from businesses last year, but more than 50% of those came from small businesses with fewer than 20 employees. ACCC deputy chair Dr Michael Schaper tells SmartCompany it is “absolutely” the case that businesses of this size are the most vulnerable to scammers. Small retailers are particularly vulnerable, he says.