Business Fraud Trends in Canada: A Summary of 2017 Statistics

March 2018

Detect and Prevent Fraud in Your Business

Businesses are the target of many types of fraud, such as wire fraud and phishing scams. Both small and large businesses across all industries are affected by either employee fraud or external fraud.

Fraud is big business, and cost Canadian businesses $30.4 million in 2017. For business decision makers and owners, knowing what types of fraud to look out for, and how to prevent them from occurring in your business is crucial to the success of the business.