There are many threats from hackers and con artists when a company does business online. Here are some of the main types of fraud:

Supplying fake products:

Fraud can occur at the very outset of your business when you try to contact a supplier for the product that you have chosen for your online business. The supplier turns out to be untrustworthy and disappears with your money leaving no trace and no hopes of a business. This type of fraud is similar to anything that can happen in the brick and mortar world of business as well. Remember that almost anything that can happen in the real world can happen in the virtual world too, so take the same precautions that you would as for an offline business.

Clones:

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Tags: Business, Client, Company, Customer, Fraud, hacker, Information, Practice, Trading