The “bad guys” are no longer just the gangs of guys roaming around with baseball bats and chains. Today, many of them are largely geeky devils – organized cybercriminals – who rob individuals and businesses virtually using their clever brains. Their main target is people and corporations with sensitive yet insecure data. No one knows if you could be the next prey of their wicked schemes.
Organized cyber criminals are immensely smart and can render significant damage to your business. They consist of the following:
- Hackers who break into your organization’s PC networks via its vulnerabilities.
- Programmers who are tech experts that write and code harmful viruses that negatively impact your computer network.
- Social engineers are the creative cybercriminals who concoct ingenious strategies that trick users into visiting certain websites that download viruses or give up personal information.
- Money mules are individuals who buy items from retailers or e-commerce websites using stolen credit cards. Some of them ship products, while others launder money.
- Rogue system providers are typically dishonest organizations that provide servers, mainly for cyber thieves.
- Bosses are simply a crime ring and form groups with objectives to rake in all of the money.
How do Cyber Criminals Commit Crimes?
Cybercriminals snatch your sensitive information and valuable data that may include credit card and social security numbers, email addresses, bank account information, birth dates, and home addresses. With this evil objective, they attempt to take over a user’s present accounts or even open up new ones to succeed in making fraudulent charges. They can also perform phishing operations immediately upon gathering your email addresses.
How to Ensure Protection
You can take the following 11 smart steps to help protect your business against cyber attacks:
Thoroughly understand your business data
A business cannot completely determine to what extent its organization is at risk until it understands the inherent nature and the amount of data it has.
Create data back-ups, file back-ups, and back-up bandwidth capabilities
All of these remedies will help your business retain its sensitive data and information if extortion occurs.
Limit your administrative capabilities for both company systems as well as your social footprint
Studies and reports reveal that the organizations that give fewer employees access to sensitive business information are more secure than those that give multiple people access.
Arrange cybersecurity training programs to enable that your employees can recognize spear phishing
Each of your employees must learn the necessity of protecting the personal and business information they frequently handle to mitigate its exposure to cybercriminals
Always perform necessary background checks on your employees
Make the most of data breach prevention tools that include intrusion detection
Always ensure that your workers are fully monitoring the provided detection tools. It is imperative to attempt to prevent a cyber breach and make sure that whenever such a breach occurs, your business is aware of it as soon as possible. When it comes to your organization’s security, time is of key essence.
Ensure your systems are equipped with necessary antivirus and appropriate firewall protection
Once the adequate software is in place, assess all the necessary security settings on the software, email programs, and browser. While doing this, always select the system options that meet your company’s requirements with minimum risks.
Regularly and timely update your security software patches
Regularly updating and maintaining the cybersecurity protections on your business operating system is essential to keeping them effective over time.
Protect your company with insurance coverage fabricated to compensate for cyber risks
Typically, cyber insurance coverage offers protection for expenses related to extortion events as well as data breaches. Choosing the right insurance program will ensure your access to well-versed professionals to manage the situation from beginning to end effectively.
Put a well-designed plan in place to manage your data breach
In case a cyber breach occurs, your business must have a well-defined protocol outlining that your workers are part of the specific incident response team and their roles and responsibilities.About Complete Controller® – America’s Bookkeeping Experts Complete Controller is the Nation’s Leader in virtual bookkeeping, providing service to businesses and households alike. Utilizing Complete Controller’s technology, clients gain access to a cloud-hosted desktop where their entire team and tax accountant may access the QuickBooks™️ file, critical financial documents, and back-office tools in an efficient and secure environment. Complete Controller’s team of certified US-based accounting professionals provide bookkeeping, record storage, performance reporting, and controller services including training, cash-flow management, budgeting and forecasting, process and controls advisement, and bill-pay. With flat-rate service plans, Complete Controller is the most cost-effective expert accounting solution for business, family-office, trusts, and households of any size or complexity.