Jul 31, 2023
Cyberfraud is on the rise. People and companies are vulnerable to cyber attacks, resulting in significant financial losses, identity theft and irreparable reputational damage.
The term “cybercrime” encompasses a variety of criminal activities, including phishing, malware attacks and hacking. However, the risk of falling victim can be significantly reduced by taking the right preventative measures. Here are some practical ways to prevent yourself and your business from becoming a victim:
Use Strong, Unique Passwords
The first line of defense is to create strong, unique passwords for every online account. A strong password should include uppercase and lowercase letters, numbers, and symbols. Use a reputable password manager to store your passwords securely and avoid using easily identifiable personal information.
Enable Multi-Factor Authentication
Whenever possible, use multi-factor authentication. Requiring users to provide two or more pieces of evidence to verify their identity adds an extra layer of security. One example of this approach is using a password and receiving a unique code via text message or email.
Update Your Software
Protect yourself against the latest threats by keeping all software, including antivirus software, up-to-date. Updates are crucial to cybersecurity because criminals often exploit vulnerabilities in outdated software.
Watch for Phishing Scams
A phishing scam usually involves deceptive emails, text messages or websites designed to steal personal information. Don’t click on links or send emails that ask for personal information. Remember, reputable organizations never ask for sensitive data via email or text.
Educate Your Team
When it comes to preventing cybercrime, knowledge is power. Regularly educate yourself and your team on fraud tactics and how to prevent them.
With the proper preventative measures, you can minimize the risks associated with cyberfraud. To address evolving threats effectively, cybersecurity cannot be a onetime fix but must be constantly reassessed and updated.
