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Small and medium-sized businesses (SMEs) in Ireland lost almost €10 million (€9.9m) through email-related scams in 2023, according to new figures from FraudSMART. The report highlights that the number of cases reported by SMEs increased by nearly 25% compared to 2022. The scams included invoice-redirection and CEO impersonation frauds, underscoring the significant risks that email fraud poses to smaller businesses.
Ireland’s small and medium-sized enterprises (SMEs) lost nearly €10m from email-related scams in 2023 according to a new report by @FraudSMART, highlighting the risks that fraud can present to smaller businesses. https://t.co/PcIhubFrOJ
Irish SMEs lost €10m to email-related scams last year, report warns https://t.co/Ppz2aCjew5
SMEs Lost Almost €10m Through Email-Related Scams in 2023 New figures from FraudSMART show that small and medium enterprises (SMEs) lost almost €10m (€9.9m) through email-related fraud in 2023, including invoice-redirection and CEO impersonation scams. https://t.co/Kh8QZwmCmX
