Identity Theft Is No Small Problem: How to Protect Your Business

Identity theft in itself sounds pretty bad, but a lot of people do not have any idea what consequences they will receive once their identity has been stolen. It turns out that identity thefts steal not only personal identity such as name and address, but also credit card numbers as well as passwords of your email and social media accounts. To make the concept even clearer, they can control your access to the aforementioned platforms and in some occasions, identity thieves dig further to gain access to a lot more important things such as your social security number as well as your financial statements. After seeing all these facts, there is no doubt that identity thefts bear pretty serious consequences and you need to protect yourself as well as your business from such risks.

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Here are a few tips on protecting your business (and yourself) from identity thefts:

Choose and Educate Your People

Choosing the right people apply to any size of businesses, but it will be more necessary to do in small to medium scale enterprises. Bear in mind that, employees in small to medium scale businesses often are given multiple jobs or tasks to do. They may be positioned in a specific job title, but because there are so many things to be done they will end up getting their hands in a few different numbers of fields. Some of them are being left to do work online, and the longer they are online it gives the higher chance for identity theft criminals to attack. You need to educate about the concept of identity thefts to the employees that spend a lot of time online, even if they are only posting updates on Twitter, Facebook, LinkedIn or Instagram. You can also remind them that posting the wrong things which are seemingly harmless online, such as “our clients come from a diverse background with an income range of approximately $250,000 per year”. Even though they are not essentially leaking your clients identity online, but they are now providing information that are alluring to identity theft criminals and hence you are more prone to be attacked.

Pick Secured Usernames and Passwords

Amongst a lot of things that can be done to protect your business from identity thefts, securing your username and password is one of them. Serving as the basic of enhancing your overall protection towards internet attacks, safeguarding your usernames and passwords can also help you to secure the more important information that are stored in your online accounts (that can be accessed with the aforesaid usernames and passwords). Moreover, you need to also make sure that you are not writing passwords on post-its for everyone to see, and you need to also grant only a limited number of employees for access to more vital online accounts such as to your bank statements or financial and billing services.

Examine Your Security Procedures

Last but not least, you need to reexamine your security procedure. Regardless of the fact that you have never been attacked by any identity theft criminals in the past few years, there is no harm in mapping up your security procedure game because prevention is always better than cure. In order to do so, you can always spend a bit of your income to install a strong cyber security tool, but internally you need to also educate and discuss with your employee regularly about identity thefts and its possible attacks (so that they will not leave a loophole in your online accounts or system). Moreover, you need to also obtain sufficient information and give them to the relevant employees, for example learn about tips and tricks on how to prevent Twitter or Facebook accounts from being snooped on and ensure that the employee who handles your social media account is aware about these tips and tricks.

 

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