How to avoid scams as a business?

2020 has been a tough year that led to people understanding that cybersecurity is not any less important than other security measures. Several companies have been putting in efforts for providing up-to-date online security information, raising awareness, and sharing good cybersecurity practices among employees.

Business

The present condition of Cyberattacks

The extent of cybersecurity threats has only evolved and not diminished, rather they have become more frequent. Businesses are realizing these threats and starting to take action to identify cybersecurity risks. There are some very simple steps a company can take to secure its business and data.

For instance, using strong passwords and multi-factor authentication are quick and easy ways to avoid attacks.

Educating your staff is probably the biggest defense trick for a company. Human errors are responsible for most of the data breaches. So, training your staff and educating them about their role in cybersecurity can help improve your overall cybersecurity.

Here are five easy to follow tips that can help your staff further protect your business.

Stay calm

Stay calm when you receive an urgent request for payment from a senior person in your company. Fraudsters can pretend to be a senior manager, usually your boss, trying to persuade an employee to pay or transfer money. Check that the email address is correct and verify the details in person or by phone. Do not use a phone number from a suspicious email address.

Check applications

Always check supplier request to change payment details. If you receive an email or a phone call from a supplier telling them to change their payment method in the future, this could be a scam. Contact the supplier yourself to confirm that the new information is correct.

Be careful

Beware of false warnings. Fraudulent notices are often used by fraudsters to trick employees into believing that there is a security breach in the company’s system or online banking system. Then they need financial information to ‘fix’ the violation. Make sure the warning is real by calling that person by the number from your records.

Think

Think before you click. There are endless methods used by fraudsters to convince employees to download bad files. If you have any doubts about the email, do not open the attachment, click on the link, or download the file. Inform your IT department so that they can run a check-up on the content.

Think again

Think before you participate. Do not share any sensitive information about your business on social media, as this can increase your risk of becoming a victim. See your business’s social media policy for what is allowed, and if in doubt, do not post.

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