Cybercrime has been a long-standing risk for anyone who does business online. However, it’s taking a heavy toll on small American companies, costing more than $1 billion per year, according to the Public Private Strategies Institute.
Those who’ve dealt with online fraud attempts say the attacks—including phishing, email scams, fake orders, and ransomware—are getting more sophisticated as artificial intelligence (AI) capabilities expand.
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Read Full Article: https://www.theepochtimes.com/tech/cyber-fraud-costs-american-small-businesses-more-than-1-billion-annually-6095270/?utm_source=partner&utm_campaign=whatfinger
