Beat The Business Fraudsters

by | Dec 12, 2018 | Business

If you’ve ever had the misfortune to have your identity stolen then you’ll know how worrying and stressful it can be to watch your funds literally disappearing before your eyes.


But if it’s painful to have your personal details stolen it can be devastating to have your business information taken and used against you. Devastating because it’s far more complicated sorting out fraudulent from genuine transactions and figuring out if the theft was a stranger or an inside job.


That’s why business bloggers everywhere recommend taking extra security measures as a crucial part of any business strategy. Here’s how you can beef up your security and why you should go the extra mile to make sure you’re safe.

We look at some tips to make sure you don’t become a victim of business identity theft:




One of the best things you can do to protect yourself is to do away with paper versions of documents. If you’re still receiving paper bank statements, invoices or receipts then make the switch to online versions.


Once you’ve got your digital versions all lined up, then it’s time lose the big metal filing cabinets and use online storage to safely secure your files. Getting them password protected will limit who has access to this confidential information.


Ensure that all your electronics are locked down by password-only access and make sure that these passwords are updated regularly, avoiding obvious versions and using password-generating software.



Dispose Safely


If you’ve made the switch to digital, then the last thing you want is to see your documents falling into the wrong hands. Disposing of them in the bin is a no-no.


If you have access to a firepit, then you could do far worse than getting rid of them once and for all in this manner. Less dramatically, you could research some local bulk shredding services and have files destroyed securely and safely.


Protect Yourself Online


Whether you’re a business or individual, protecting yourself online is paramount to protecting yourself against attack from malicious hackers.


Make sure your Firewall is strong and your anti-virus software is well up to date. If you get offered regular updates and keep on delaying them, then now’s the time to start those installations. A strong anti-virus is the surest way of protecting yourself but as strong as it is, it’s not perfect.


The key is getting ahead of any potential problems. Take the time to carry out regular scans for malicious malware designed to hack in and use your personal data.


If you’re unlucky enough to find any, shut down your network immediately and call in the experts to deal with the problem. Don’t leave anything to chance, have your hard drive cleaned and start over with an up to date package of protection. Double check that no other computers in your business network have been affected.


Don’t leave your business open to fraud and theft, just by taking some precautionary steps you can shore up your defences and prevent the worst from happening.


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