Fraud Prevention Tips For Small, Mid-Size Businesses

Fraud Prevention Tips For Small, Mid-Size Businesses

While national news coverage reports on large companies facing cyberattacks, what doesn’t always make the headlines is when small and mid-size businesses’ data is hacked.

With an increase in people’s digital activity, we are seeing a rise in digital fraud, ransomware and other complex cybersecurity challenges. This can put businesses of all sizes, from a few employees to a few hundred employees, at risk.

Technology: Fraud Prevention Tips

Twin Cities Business hosted a “Technology: Fraud Prevention Tips” virtual event, where I joined local experts Allison Kaplan, editor in chief of Twin Cities Business, and Tim Bornholdt, partner of The Jed Mahonis Group. Watch a recording of our conversation that’s posted below, as we discuss preventative measures you can take to ensure your company’s digital security. Spoiler alert: Creating and maintaining secure passwords can go a long way.

 

Security is a people problem; it’s a business problem, and it’s a technology problem. All three of those segments have to be balanced otherwise the stool tips over. To get a better idea of how secure your business and data is, take our free Cybersecurity Assessment. This will help you gain a clearer picture of what areas of cybersecurity your business excels at, as well as areas that need improvement to protect your data, your customers and your business.

Learn more about a Risk, Security or Vulnerability assessment Get Started Today

Related Posts

NIST Cybersecurity Framework: Full Overview & Guide
NIST Cybersecurity Framework: Full Overview & Guide

Back in 2013, the federal government directed NIST (National Institute of Standards and Technology) to work with industry leaders to build a common framework for cybersecurity risk...

Urgent PaperCut NG/MF Vulnerability: What You Need to Know
Urgent PaperCut NG/MF Vulnerability: What You Need to Know

If you run PaperCut NG or PaperCut MF, this is the one advisory to stop and read today. In short: PaperCut has confirmed active, real-world exploitation of a vulnerability affectin...

How To Measure Your Cybersecurity Posture Against the NIST Framework
How To Measure Your Cybersecurity Posture Against the NIST Framework

A lot of businesses aren’t sure whether they actually have cybersecurity best practices in place. To be fair, cybersecurity is a moving target, and what was considered sufficient p...

The AI Governance Framework Every Org Needs Before Scaling AI
The AI Governance Framework Every Org Needs Before Scaling AI

AI is showing up in the enterprise faster than most governance programs can keep pace with: forecasting models, customer service bots, code generation tools, decision-support syste...

What Is Vishing?
What Is Vishing?

Vishing is short for “voice phishing.” Like other forms of phishing attacks — including email and text-based scams — the goal is to trick someone into handing over credentials, fin...

Cybersecurity Tips for Small Business Owners
Cybersecurity Tips for Small Business Owners

Too many small business owners still think they’re “too small” to be targeted by a cybercriminal. Unfortunately, 43% of cyberattacks each year are aimed at small businesses.

5 Common Healthcare Cybersecurity Challenges (and How MDR/SOC Can Help)
5 Common Healthcare Cybersecurity Challenges (and How MDR/SOC Can Help)

In our conversations with healthcare clients, we hear the same five security challenges come up again and again. If you're reading this, you're probably dealing with some version o...

Why Is MFA Important — and Is Your Business Using It Correctly?
Why Is MFA Important — and Is Your Business Using It Correctly?

Passwords alone haven't been enough to protect business accounts for years. Most IT professionals know this. Most business owners have heard it. And yet credential theft remains on...

What Is Cloud-Native Security?
What Is Cloud-Native Security?

Most businesses didn't set out to build a cloud-native environment. They started using Microsoft 365, added a cloud-based phone system, migrated a few workloads to Azure or AWS, an...

The Security Strategy AI-Powered Attacks Demand
The Security Strategy AI-Powered Attacks Demand

The threat environment changed. Not gradually. Abruptly. Tools like Anthropic’s Claude Mythos and the latest generation of AI-assisted exploitation capabilities have fundamentally ...