Why Small Business Owners Fall For Scams: 10 Reasons and Solutions

Scams have been around in various forms forever, but the internet has given these old tricks a new life. The digital age has made it easier for scammers to target more people, and small business owners are particularly vulnerable.

A Nationwide survey found that nearly one-quarter of small business owners were targeted by scams involving generative AI in 2023. In the UK, 72% of small businesses have encountered cybercriminals, with phishing scams accounting for a staggering 92% of the fraud atte