Tuesday, April 20, 2021
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cybersecurity

The dangers of cybersecurity and fraud in 2021: What your...

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There are many pros when it comes to allowing customers to purchase cars online. There is an increase in efficiency, greater ease of organizing documents, and a potential rise in customer satisfaction due to the convenience. Nevertheless, there is an enormous threat that you may already have experience with: cybersecurity and fraud. Cybersecurity company, Purplesec, […]
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fraud

What is your top fraud concern in a COVID environment?

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Masks are on at dealerships nationwide, and not just in terms of PPE. For automotive dealers working hard to restart and gain momentum during the COVID-19 era of car sales, the more telling mask just might be the kind that fraudsters use to disguise their intent. From shutdown to start-up, from chaos to a controlled […]
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identity

4 Tips to Protect Your Dealership from Synthetic Identity Fraud

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As if dealerships did not already have enough to worry about as the COVID-19 crisis continues to impact the market…now there is the increased concern over online F&I fraud. Since so many transactions are online now due to customers staying home and taking delivery at their houses, the risk of fraud, particularly buyers using false […]
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hackers

How to Avoid Hackers and Fraud in your Dealership

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In the information age, we must be constantly vigilant against faceless hackers who can cause untold damage without ever being seen. The damage they cause can include anything from data breaches to high-jacking of computer or phone systems. Recently, a local dealer in Akron, Ohio was the victim of a scam that crippled their phone […]
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identity fraud

Are You Taking the Necessary Steps to Prevent Identity Fraud...

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Every time we turn on the TV or log into a news app on our phones, we are reminded of how easy it is to become a victim of identity fraud. Tens of thousands of people each year have their identity stolen in the process of major purchases like buying a car…the most common crime […]
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