Fraud Growing Concern for Small-Biz Owners

When it comes to business finances, 84 percent of small-business owners surveyed by SunTrust Banks and the National Small Business Association report growing concern involving fraud and their businesses. According to the "Foil Fraud" survey, seven out of 10 small-business owners are more concerned about fraud this year than they were last year. "The reality is that a good number of entrepreneurs are being targeted by criminals trying to defraud them," said Todd McCracken, president of the National Small Business Association. Business owners cite online identity theft as their top concern, followed by check fraud and credit card fraud.

To read more results from the survey or to find out how to prevent your business from being the next victim, visit SunTrust's website.