Cybercriminals are targeting small businesses with fake invoices. Learn how to spot scams and protect your billing process.
As digital payments grow, so does digital crime. Invoice fraud—where scammers send fake bills or intercept legitimate ones—is a growing threat to small businesses.
Common Invoice Scams
- The Phantom Vendor: Receiving a bill for a service you never ordered (e.g., domain listing services).
- The Interception: Hackers intercept your email and change your bank details on an invoice sent to a client.
- The Duplicate: Receiving the same invoice twice hoping you'll pay both.
How to Protect Your Outgoing Invoices
To ensure your clients know an invoice is really from you:
- Use a Secure Platform: Don't just send plain text emails.
- Consistent Branding: Professional templates make forgery harder.
- Secure Links: Send links to a secure portal rather than just attachments.
Protecting Your Incoming Payments
Verify requests for payment method changes via phone, not just email. Check invoice numbers against your records.
Invoice ASAP uses secure, generated links and professional branding, helping your clients verify that the invoice is legitimate and safe to pay.
Tags:
#security#fraud-prevention#cybersecurity#business-safety