5 Things Small Business Owners Can Do to Reduce the Risk of Employee Theft

Julie Babcock-HydeFraud Prevention, Uncategorized0 Comments

employee theft

  Many small business owners assume an employee would never steal from them because of the nature of close relationships at their small business. In addition, the majority of small business owners have never been trained on preventing loss from employee theft. Employees don’t just steal cash – they may be stealing inventory and materials that go into manufacturing, tools … Read More

How to Protect Yourself from Identity Theft

Julie Babcock-HydeFraud Prevention0 Comments

protect against identity theft

The security breach at Equifax a few months ago left many people thinking once again about identity theft. The best thing is to do everything you can to prevent it from happening to you. Here are a few tips to help you reduce your risk of being a victim of identity theft as well as how to reduce the damage … Read More

Positive Pay

Julie Babcock-HydeFraud Prevention, Small Business0 Comments

positive pay

Positive pay is a service offered by banks that is designed to reduce fraudulent check-cashing against your account.  If you are writing checks on your bank account (as opposed to using ACH transactions), then the positive pay service, which usually has an extra charge, may be beneficial. When you activate this service, you must send a file of checks that … Read More