TRURO – Business fraud will be the topic of an upcoming lunch and learn hosted in Truro by the Truro & Colchester Chamber of Commerce.

A new report by the Canadian Chamber of Commerce says the increasing frequency of cyber attacks is costing Canada billions of dollars a year, hindering the ability of business to compete in the global economy.

“Small businesses, which account for about 98 per cent of the Canadian economy, often lack financial resources and technical expertise to protect themselves, making them susceptible to cyber attacks,” said chamber president Alex Stevenson.  “Businesses need to be informed of the risks to protect themselves and their customers.”

The chamber is pleased to host guest speakers Leah White and Jaime Rudolph of Grant Thornton at a Lunch and Learn in Truro on April 12 to discuss real cyber fraud cases and share how businesses can protect themselves against attacks.

White, a Partner, and Rudolph, a senior manager, are responsible for operational advisory services across the Atlantic region.  They facilitate enterprise and business-level risk assessments, evaluating fraud prevention and detection programs and controls, and have extensive experience conducting risk and control advisory services for a variety of organizations in both the private and public sectors.  They frequently present on fraud-related topics and facilitate workshops to help identify red flags of fraud when reviewing typical financial reports.

White and Rudolph will break down fraud to the basics, and deliver real-life stories offering valuable information on detecting the red flags and protecting your business from employee or cyber fraud.

During the lunch and learn a special guest from the office of Regulatory Affairs and Service Effectiveness will also share information about its new Business Navigator program.

The lunch and learn will be held at the Rath Eastlink Community Centre, noon (12 p.m.), Cost $20 per person. To RSVP, call 902-895-6328 or email oa@tcchamber.ca.