Global Economy

Here's how criminals are using identity theft to scam businesses

Any business could be at risk, according to Brian Vecci, a “technical evangelist” at Varonis, which specializes in data protection.

“A lot of the information that you would need to impersonate a businesses is publicly available,” Vecci told CNBC, including names of corporate officers, email addresses and phone numbers.

In addition, the threat came come from inside, he added. “Insiders are incredibly difficult to protect against. First of all, they know more about your organization. If they really want to do some damage, they can do it very quickly and very efficiently,” Vecci said.

To protect yourself, Vecci said data should be restricted only to workers who need it, and advised companies to cut off employees when they leave the firm. They should also keep a close eye on credit reports, bank accounts, social media, and web search results, he added.

If you believe you are a victim of business identity theft, report it to the FBI at


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