Whether you’re an early-stage startup or in the growing phases, fraud can hit when you least expect it. It can span across your business and can ruin your finances, reputation, and leave your startup out to dry. Fraud prevention guru Rick Rennie uses his expertise to warn startups about what can happen without the right precautions.  “When fraudsters hit, they tend to attack quickly with high velocity.”  Rick Rennie is the Vice President of Customer Fraud Management at Mastercard Canada. He provides day-to-day security risk assistance to customers and closely monitors global security trends. Rick identifies fraud prevention opportunities, including the use of MasterCard’s industry leading risk products, while ensuring best practices are implemented for new payment technologies.  To prepare for fraud prevention, host Rivers Corbett talks to Rick about how fraud affects small business. He will speak about how entrepreneurs need to be aware of risks while making sure they do not fall victim to business fraud. Find more information on how to protect your startup at pcisecuritystandards.org/pci_security/small_merchant. Want to Master Your Card? Visit Mastercardbiz.com today.

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