This isn’t just a problem for consumers. I’m talking about identity theft.
That makes you think of an individual having their identity stolen, their bank accounts emptied, contracts being taken out in their name, or even huge debts being built up.
But corporate ID theft is also big business. In fact, businesses are at an increased risk of ID theft.
That’s because they have bigger bank accounts, larger credit limits, and can often transfer bigger sums of money in one go than individuals can.
It’s also really easy to get a company’s information.
And when identity theft happens to a business, there can be MASSIVE financial loss.
You might feel safer if you have cyber insurance, although many policies don’t cover loss by fraud. If you’re not sure, look into this today.
As always, prevention is better than cure:
- Educate your staff on the ways you can keep your business protected online
- Make sure your data is always encrypted
- Use firewalls where you can
- And introduce multi-factor authentication across every app (where you use a separate device to prove it’s really you)
If you’re not already working with an expert technology partner, perhaps you and I can talk?
Sure, you need a team behind you should things go wrong. But it’s more important to have a team stopping things going wrong in the first place.
We’re now taking on new clients. Let’s have a short video call, see if it’s worth us meeting. Give us a call.