Small and medium-sized enterprises (SMEs) in the UK are unprepared for cyberattacks amidst a rise in fraud, according to a study by Mollie.5.5 million SMEs lost £10,800 this year due to fraud, causing significant concern for their survival.SMEs are increasingly facing phishing scams, refund fraud, account takeover attempts, chargebacks, and carding attacks.Online fraud not only affects the finances but also impacts the productivity of small businesses, diverting resources from core operations.