Getting ahead of cybercrime: Part 2

General News

Summary

While you’re busy working hard and enjoying those benefits, it’s easy to overlook the safety precautions necessary to keep everything running smoothly and securely. Not only can you directly lose money through fraudulent payments or ransoms, there can be additional losses due to recovery costs, legal fees, government fines, as well as damage to your reputation. Read on for more information, along with links to useful resources, stats from Verizon’s 2021 report and defensive advice for businesses of all sizes and budgets. • cybercriminal will demand a ransom payment to unlock your devices If you refuse to pay, they’ll likely erase everything they control • None Affected businesses have lost tens of thousands, if not millions, of dollars. So it’s important to secure all cloud services critical to your business Fortunately, the steps to reduce your risk of account takeover are fairly straightforward.

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