Since the beginning of the COVID-19 pandemic, small businesses have quickly adopted remote working and transitioned to new technologies, such as contactless payments and online ordering. Unfortunately, these adjustments have come with increased risks. According to a 2022 report from Barracuda, a cloud and networks security company, small businesses with fewer than 100 employees receive 350% more social engineering attacks — like phishing, scamming or email compromise — than larger businesses.
Lipton suggests reaching out to a legal expert, especially if you’re handling sensitive information like Social Security or credit card numbers, to get a better understanding of the consequences of a data breach and get a professional opinion on how to protect your data. Receiving basic cybersecurity training can help you and your employees learn to identify common threats, such as phishing emails or suspicious downloads, as well as develop online best practices, like safe browsing and strong passwords.
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