You know the old saying: it’s better to prevent fires than to have to fight them.
Cyber crime continues to develop and expand alongside technology as criminals find new ways to exploit vulnerabilities in new systems and hardware. Most businesses, regardless of size, store sensitive information such as client lists, personal data or credit card numbers on multiple computers, networks and online spaces.
Effectively protecting business data and systems from cyber fraud is down to preparation and planning. The better the protection is, the less likely itâ€™ll be the target of an attack.
Itâ€™s something that banks can be doing to help their small business customers, especially when theyâ€™re just starting out. Remind them that preventionâ€™s infinitely better than a cure!
Protecting a business doesnâ€™t have to be costly, although if a business owner is dealing with particularly sensitive information it never hurts to have a professional assess their business and install security systems. Most of the time, all it takes is planning and common sense:
Make sure that your small business customers know to contact you immediately if they suspect any of their systems have been compromised. You can take steps to minimize the damage, cancel and issue new credit cards, and track down fraudulent transactions.
As with most things in business, successfully protecting systems against cyber fraud is down to preparation and planning. Regular checks of financial statements, as well as keeping up to date with anti-virus scans and software updates will mean a business owner is well-placed to not only spot trouble, but to minimize any potential damage.
Here at TSBC, weâ€™ve got plenty of content around how to avoid cyber crime. Get in touch with us so we can help boost your online content.