Have you ever stopped to think how much fraud could be costing your business?
It’s easy to assume fraud only affects big corporations with thousands of staff and huge security budgets.
But that’s a dangerous mindset.
Fraud is now a serious threat to businesses of every size — and small and medium-sized businesses are often the most at risk.
Why? Because they usually don’t have the same layers of protection, resources, or ongoing security training in place.
At Deycom, we see this every day when helping local businesses in Carlow and beyond.
One of the biggest risks is identity fraud — when someone pretends to be a trusted contact (like your finance manager, a supplier, or even a customer) to trick you into making a payment, sharing data, or opening up your systems.
It could be as simple as an email that looks like it’s from your accountant asking for an urgent payment. Or a hacker logging in with stolen credentials.
The most common weak point? Stolen usernames and passwords. It’s an old trick, but it still works far too often.
With AI-powered scams, it’s getting even harder to spot the fakes. Criminals can now mimic voices, create realistic emails, and even generate deepfake videos that look incredibly convincing.
In fact, around 69% of businesses have seen a rise in fraud attempts in recent years.
But there is good news.
Businesses that take steps to strengthen identity protection — things like multi-factor authentication (MFA), device recognition, and ongoing security training — are seeing real results. They’re saving money and avoiding the headaches that come with fraud incidents.
Even small changes make a big difference. Here are some good places to start:
✅ Use strong, unique passwords for every login (ideally generated by a password manager).
✅ Enable MFA wherever possible — that extra code on your phone really can stop an attacker.
✅ Keep your team trained and aware, so they know how to spot a suspicious email or call.
At Deycom, our goal isn’t to make your life harder. It’s to build practical, people-friendly security that keeps your business safe without getting in the way.
If you’d like help reviewing your current setup — or just want some advice on what would work best for your business — we’re here to help.
👉 Get in touch with us today.