As COVID-19 spreads around the world, fraudsters are taking advantage of the situation to launch new schemes designed at getting hold of your money.Fraud is big business globally. A recent PWC study found that almost half of companies had suffered at least one fraud, with over 10% of targeted organisations experiencing losses over $50 million.
Here are some types of fraud you should look out for and steps you can take to protect yourself and your organisation.
Fake products
One