Business Fraud Trends in Canada: A Summary of 2017 Statistics

March 16, 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.

In this report, you will learn:

  • The most common types of business fraud you should look out for: wire fraud was the most popular type of fraud, followed by merchandise fraud and investment fraud.
  • Tips for fraud prevention: learn what steps to take in order to stop fraud from occurring at your organization.
  • How businesses across Canada were affected by fraud: there were many different types of incidents, including organizations impacted by employee theft, fake purchasing orders, and fraudulent transactions.

Fill out the form on this page to download the report.

For more information about fraud protection and detection, contact us.

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