Understanding Scams: How to Protect Your Business 

a person sitting at a desk with a laptop

While we try our hardest to ensure there are enough security measures to make it a safe place, the internet can still be a dangerous place. People fall victims to scams every day as scams continue to evolve and become smarter. Scammers can find their way into your email, texts, and ads easily by creating realistic links that you can easily believe are legitimate. Businesses are no strangers to having to deal with costly scams. Why are some people more likely to fall for scams than others, and how do you stop your employees from inadvertently engaging in scams and costing your company?

How Do Scams Continue to Survive?

Online scams are a million-dollar industry that affects individuals and organizations worldwide. As tech advances and the world becomes more connected, scammers continue to adapt, thrive, and succeed in the business of scamming people. Plenty of companies exist with the sole purpose of scamming, and it’s becoming more common as the costs of running these scams continue to decrease and become easier.

Scammers often operate in countries with little regulation and laws that prevent them from operating, making it challenging to locate those responsible for the scams. There are a lot of techniques, methods, and types of scams that they use to bypass security and pass as legitimate in a way that tricks everyday people into clicking on their links, answering their phone calls, or responding to emails.

People will likely fall for scams because scammers often target vulnerability and familiarity. It’s a numbers game where they send thousands of emails and only receive a small handful of responses, but it’s just enough. 

When scammers target businesses, they use familiar brands or even the name of someone within your organization to request sensitive information. If an employee is not prepared or educated on the risk of scams, especially if the scammer is friendly and appears legitimate, the employee may ignore the warning signs. They usually end up fulfilling the request giving the scammer the information they need to complete their scam.

How to Protect Your Business

Thousands of scam emails, texts, and ads make their rounds every day, and it’s becoming more likely that you and your employees will come across a scam at some point in your life. One of the most efficient ways to protect your business from scams is to ensure your employees are educated and informed on what to look for and steps to take if a scam makes its way through network security. Here are some essential tips to help you avoid falling victim to scams.

  • Always remain cautious with every email and text message you receive. If you are suspicious, verify the sender’s identity through other means of communication.
  • Look for some common signs of phishing, including unreasonable demands, suspicious attachments, spelling or grammatical errors, or if you don’t recognize the contact information.
  • Ensure you have security software installed to help filter out scam emails, and always keep your systems and software up to date.
  • Always have a backup of your data if a scam does make it through. Implement a backup and disaster recovery solution utilizing on-site data storage and off-site data centers.

Get started protecting your business today with a security solution from AE Technology Group. To get started, give us a call at (516) 536-5006.

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