5 Ways to Protect Your Business from Online Scams

Big and small companies are dealing with the dilemma of securing their business. Not only do these businesses need to keep their physical space secure from theft or vandals, but even in cyberspace, it has to be a concern. Hackers and online scammers don’t care about the size of a business; a target is just a target for them. Small businesses are usually a bigger target since it’s assumed that they aren’t so aware of scams or online security.

While it’s important for any business owner to look into ways to grow their business, keeping it safe is a major priority. So, how can a business keep growing while protecting itself from what’s out there? Keep reading on to learn all about how!

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Educate Your Employees

Some scams affect individuals, like someone impersonating someone else for money, but even business owners can fall for impersonation scams too. These are mostly fake businesses that reach businesses offering products or services. It can be challenging to determine what is and isn’t a fake business online, even in the B2B sphere. One way that business owners try to avoid this is by educating their employees.

But sometimes, it can still be too challenging, which is why a third-party service may be called in. Online risk checkers can help you identify red flags that may indicate a scam or fraud attempt on your behalf. These include websites with poor grammar and spelling mistakes, fake testimonials from other companies using stock photos, or promises of high payouts with little information about how they will be paid.

Implement a company-wide security policy

A company-wide security policy is the first step in protecting your company from data breaches. It should be implemented to educate employees on the policies and how to handle confidential information. This can be a great tool to protect your business and its assets. It’s a must-have in any organization, as it helps establish the company’s security standards and guidelines.

It also provides a chance for employees to learn about the policies in place and know what they should do if they feel threatened or unsafe. Usually, this includes seminars or other forms of training to help keep everything in the loop and keeps them aware of how to keep the entire business secure. This can extend to training involving company tech like phones, so if anyone were to wonder how to change IP address on iPhone, then this employee security policy training is perfect.

Monitor your business social media accounts

You may be surprised to learn how easily scammers can access online social media business accounts. It’s usually about using simplistic email, but online phishing scams could technically enhance the risk of you losing access to your accounts. But did you know online that these scams can go far beyond that? Social media is perfect for client engagement, but there can be scams from clients, such as stating they hadn’t received their package or service when they did. This is considered a more challenging scam to deal with, but it extends outward to email.

Keep a close eye on your business’s website

It’s terrifying to think about, but your website could easily be affected. Hackers can use malware to infect a website and steal information from it. The most common type of malware is ransomware. They will try to find weaknesses in your website’s security, which can lead to a data breach and even a potential attack. It is important for you to keep a close eye on your website for any signs of hacking or malware infection and to ensure that you have the best security tools available.

This could technically go as far as adding pops on your website without you realizing it. Many businesses will use the Google Security Checker tool to scan for any potential threats. If you find any issues, it’s important to fix them immediately because hackers could be waiting for their chance to strike again.

Call in an expert

There is nothing wrong with calling in the big guns to help. Most businesses will have an IT team or at least a third party IT service to help them out. IT consulting and services can usually offer various services, such as website monitoring, white hat hacking, firewalls, password security, updates, and so much more. This is one of the best investments for any business.

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