Fraud prevention for business.

Protect your business from fraud

Front.line protection for your business starts with you.

  • Know your rights.

  • Train your staff.

  • Read your invoices – pay for only what you have ordered.

  • Report fraud – www.ftc.gov/complaint 1-877-FTC- HELP.

Protecting personal information: a guide for businesses.

Most companies retain sensitive information like names, Social Security numbers, credit cards or other account data that identifies customers or employees. This information is often critical and necessary to running your business. Your business has a legal obligation to protect this personal information from falling into the wrong hands. Safeguard your employee and customer information to protect your business from loss of customer trust or potential lawsuits with a sound security plan based on these five principles:

  • Take stock – do an audit of what personal information you have in your files and computers. If you collect and keep sensitive information, you need to Get Secure and Stay Secure.

  • Scale down – determine what information is needed to run your business and collect only what is needed.

  • Lock it – protect the information that you keep.

  • Pitch it - properly dispose of files or data you don’t need anymore.

  • Plan ahead – create a plan for responding to security incidents.

For more information about auditing and creating data security plans, see this video tutorial http://FTC.gov/bcp/edu/mutimedia/interactive/infosecurity/index.html.

Some businesses have additional liabilities for protecting clients from identity theft. For more information on laws regarding Fighting Fraud with the Red Flags Rule, see the how to guide. http://www.ftc.gov/bcp/edu/microsites/redflagsrule/index.shtml.

Related topics:

  • Protecting Personal Information: A Guide for Business. Are you taking steps to protect personal information? Safeguarding sensitive data in your files and on your computers is just plain good business. After all, if that information falls into the wrong hands, it can lead to fraud or identity theft.

  • Avoid ID Theft: Deter, Detect, Defend. A one-stop national resource to learn about the crime of identity theft. It provides detailed information to help you deter, detect, and defend against identity theft.

  • OnGuard Online provides practical tips from the federal government and the technology industry to help computer users be on guard against Internet fraud, secure their computers, and protect their personal information.

  • Privacy Initiatives educates consumers and businesses about the importance of personal information privacy, including the security of personal information.

Resources and reference materials