Survey: Half of Canadian small businesses face fraud attempts, victims lose $7,800 on average

By Karunjit Singh ( September 24, 2024, 5:26 PM EDT) -- Half of all small businesses in Canada experienced either attempted or successful fraud in the past 12 months, with 36 per cent of those that actually fell victim to fraud losing an average of $7,800 as a result, according to a survey by the Canadian Federation of Independent Business (CFIB) and Interac....