Many businesses, especially those of smaller scale, rely on social media to drive awareness, increase sales, and expand market share. With over 4.5 billion users from across the world, many sites have become an essential tool to reach mass audiences as well as targeted leads.
But they are not without risks. Fraud-related losses on different platforms amounted to over $930 million in 2022. Unidentified and non-quantifiable costs are likely more. But protecting your business from social media scams is easier when you know these essential measures.
Continue reading “Social Media Scams: Steps to Protect Your Business!”