Protect your Business and Employees from Fraud and Scams

Scams that can affect your business

Business email compromise scams

Keep your employees safe from scammers who send fraudulent emails while impersonating a colleague, manager or vendor.

Learn more about business email compromise scams.

Ransomware

Secure your information and company databases by educating your employees about ransomware.

Learn more about ransomware.

Vendor fraud

Teach your accounts payable team to use safe business practices to help them recognize fraudsters.

Learn more about vendor fraud.

Payment fraud

Protect your business from fraudsters who use stolen information to make purchases or fake issues to claim refunds.

Learn more about payment fraud.

Fake invoice scams

Learn how to spot fake invoices and how fraudsters use them to pressure you to make payments for orders you never placed or received.

Learn more about fake invoice scams.

Business grants and loans scams

Protect your business from scammers who pretend to be government or certified lenders to offer fake grants and loans.

Learn more about business grants and loans scams.

Spear phishing

Protect your business from targeted phishing attacks that can compromise your security and information.

Learn more about spear phishing.

Test your fraud awareness

Keep your business safe from fraud. Take our 5-minute quiz to find out if you can spot the warning signs of common scams targeting businesses.

Take our quiz

Common scam education videos

Our video library introduces some common scam types targeting businesses.

Video: Business email compromise (2:35)

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Video: Client email compromise (2:11)

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Video: Ransomware (2:40)

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Video: Phishing (2:32)

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Video: SIM jacking (2:12)

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Have you encountered these scams or noticed anything suspicious? Let us know.

Report fraud

Protect your business with our tips

Use our recommended safeguards to help protect your accounts and information.

Verify payment instructions received by email or telephone

Educate your employees on fraud and Know Your Client (KYC) procedures

Make sure your cybersecurity is up to date and back up your information

Slow down and don’t rush — fraudsters are demanding and pressure you to act quickly

Establish strong internal controls over who manages your business’ data

Additional education material

Fraud can happen to anyone, at any time. Find more resources here that you can use and share.

Business Banking Fraud Prevention (PDF, 930 KB) Opens in a new window.

Fraud Prevention Tips (PDF, 45 KB) Opens in a new window.

CIBC Commercial Banking Fraud Prevention (PDF, 125 KB) Opens in a new window.

CIBC Payment Solutions Fraud Prevention (PDF, 120 KB) Opens in a new window.

Fraud Prevention Playbook (PDF, 935 KB) Opens in a new window.

Cheque Fraud Tip Sheet (PDF, 290 KB) Opens in a new window.