Posts

protection from cybercriminals - Complete Controller

The era of ‘bad guys’ equipped with baseball bats and chains to loot people on the streets has come to an end. Today, geeky waifs have found an exciting alternative to steal from people virtually. They can work individually or be associated with organized crime making an exceptional amount of money every day. They know the art of stealing through different means, which gives them a reputation as scammers, hackers, and magicians. These con artists and organized crime organizations are causing companies to lose trillions of dollars’ worth of sensitive data that includes trade secrets, financial data, vendor and stakeholders’ details, etc.

Small Scale Businesses Are More Vulnerable To Cyber Fraud! Check out America's Best Bookkeepers

The reality is small businesses are easy targets for hackers and spies as they have less control over their systems and networks. Often, small business owners feel reluctant to spend money on improving their online security due to costs and other factors. Cybercriminals used to attack big, primarily multinational companies or IT houses. Still, most of them target small-scale companies as their system and networks are weak and offer less resistance. It becomes necessary for all businesses to protect their data from cybercriminals as it can cause them to lose a top position in the competitive race.  

Stats Reveal An Exciting Story—Why Cyber Criminals Have Their Game-On!

The dilemma is, 98% of small to medium-sized businesses aren’t prioritizing their online security for future business growth. One survey found that 85% of people consider online security improvements useless as they believe they don’t have anything worth stealing. Also, 45% of small business owners believe hiring top IT professionals and implementing cybersecurity programs will be too expensive to bear. The avoidance of the expense is why cybercriminals have their game-on when it comes to breaking into a company’s accounts and computers to steal sensitive information and data. They act after discovering that the ship has already sunk and felt the need to salvage the situation. It’s better to keep anti-viruses and encrypted systems and networks in place to prevent data leakages and theft.  Check out America's Best Bookkeepers

Implementing online security procedures for the first time can be an overwhelming process, and this is why hiring an IT professional seems like an intelligent choice. Gone are the days when businesses had limited options to hire IT individuals or agencies. You can hire them as per your business requirements and specifications, and they aren’t that expensive too. Cybercriminals will go to any extreme to steal something valuable from the company, so you must prevent them from stealing no matter what, by ensuring a baseline level of security.

So, here’s what you can do:

Install Anti-Virus Software

Unarguably, anti-virus serves as one of the most critical prevention tools that restrict malware infections and viruses entering your computers, phones, and tablets carrying essential business data. So, you need to install anti-viruses on your devices, not just on your computers, to fight against potential threats and dangers. 

Use Secure Passwords

Setting common passwords such as your phone number, your son, or daughter’s date of birth must be avoided no matter because they are predictable, and cybercriminals find it easy to break into such accounts with easy-go passwords. You must have one tricky password for one account only as having the same passwords for multiple accounts can be incredibly risky. Keeping the same password for all accounts means that breaking into one account will possibly lead cybercriminals to break into all the accounts. Check out America's Best Bookkeepers

Protect Your Hardware

Make sure all your physical devices and hardware have a security system. It would prevent potential threats and dangers and keep in-house intruders (employees) away from accessing your computer in your absence.

Keep Your Software Up-To-Date

According to a study, most cyber-attacks occur when companies don’t update their cybersecurity software. To avoid disrupting your daily workflow, what you can do is schedule updates at the end of your working shift ideally after every week. Scheduled updates will provide you greater control over your cybersecurity network and prevent cybercriminals from entering your company.

Back-Up Your Data

Backing up your data means you can expect to recover essential business data such as bookkeeping and accounting records and finances. So, backing up your company’s data once after a couple of days, get you more in control of your business.

Check out America's Best Bookkeepers 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. Check out America's Best Bookkeepers

Hackers Exploit Loopholes in Small Businesses

One thing is obvious: cybercriminals will exploit any opportunity at hand and hurt organizations financially. Gone are those days when companies need not worry about cybersecurity since hacking wasn’t a frequent activity, and people had limited knowledge and brain to break into the company’s accounts. Now, this non-issue has become a severe issue, and people are worried more than ever about their cybersecurity and securing their systems and networks. Infiltrators have better insights into the company’s security networks, which means they know the loopholes and steal from the company at the best possible hour.

How Cybercriminals Affect Your Business Reputation?

There is no denying the fact that cybercrime is on the rise, and small to mid-sized businesses are increasingly being targeted by hackers, scammers, spies, or whatever you name online criminals. There is a misconception that cybercriminals only attack large corporations and big IT conglomerates. But this is not true, do not be fooled. A small to mid-sized businesses are just likely as any MNC to be the victim of cybercrime.

It is true that a small level of cyber fraud mostly go unnoticed as they do not receive any limelight or media attention. So, it makes me feel safe to say that regardless of the size and scale of the business, companies are always at risk of cyber fraud. It requires companies to stay vigilant and track potential cyber threats and treat them right away, or else they can severely damage your reputation, working capital, productivity, and, most importantly, finances. Hacker exploits loopholes in small businesses. Check out America's Best Bookkeepers

Cybercriminals Use Sneaky Tactics to Steal Vital Information of the Company!

The bad guys will steal from you no matter what, and you need to prevent them with the best of your efforts and intentions. For an average person having little or no knowledge about cybersecurity, that may be a challenge, but for an informed and skilled person, it will be quite easy to understand. It is to note that cybercriminals use sneaky tactics to steal from the company and probably take from where you may have never had imagined. Businesses, regardless of size, scale, location, are vulnerable to cyber fraud. What they can do is anticipate and identify their weak areas of system and networks and come up with a sound prevention plan to avoid data leakages or cyber fraud.

Hackers Look For Backdoor Channels To Steal Larger Company’s Data

Due to the noteworthy increase in cyber-crime rate over the past decade or so, cybersecurity and the prevention against cyber crimes have become more challenging than ever, even for IT professionals. So, when network security is compromised, cybercriminals would more likely break into your account and steal from you. Usually, they look for backdoors channels to access your sensitive data for extracting information about your stakeholders.

Sometimes, they are not interested in your company for your worth. What they are generally interested in is knowing about your bookkeeping and accounting records, vendors, customers, strategic partners, or whom you do business. This is why securing your system and networks become mandatory as non-secure policies can lead cybercriminals to a bigger company’s data. Hackers look for backdoor channels to steal larger company’s data

Hackers Exploit Insecure Internet Connections That Are Prone To Easy Compromise

There could be countless reasons why cybercriminals mostly target small businesses. But your internet connection could be one of the primary reasons why they find it extremely easy to break into your company’s data. Most internet connections are prone to easy compromise as WIFI connections and internet lines are not secured. So, infiltrators knowing the major loophole in the company’s connectivity can hack into your data and steal trade secrets, vendor details, email, virtual hiding places, banking credentials, or any specific information they intend to steal from you. It is also to note that the chances of cyber theft increase when employees remotely work for you that needs to be duly tracked and monitored.

What is the most prominent reason why small businesses get targeted by cybercriminals?

Some organizations, especially those having small business operations, usually don’t have an IT department increasing the risk of cyber compromise. Probably, no one can deny the fact that small businesses are more vulnerable to the employee or cyber fraud, and cybercriminals are always looking for those companies that have an outdated or straightforward system and networks and preferably no IT department. For businesses who have to operate online or have online presence need come up with a practical and workable theft prevention plan for securing their networks from inside and outside intruders or infiltrators.

 

Check out America's Best Bookkeepers 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. Check out America's Best Bookkeepers