March is Fraud Prevention Month. In the spirit of Fraud Prevention Month, lets take a closer look at ways that we can help prevent fraud.
Digital Scams
Digital Scams are no joke. They can cost businesses large losses, and the frequency of the scams are increasing daily. Fortunately there are several best practices that you can deploy that can be effective and help you keep your business safe and secure.
Stay up to date
Try to remain up to date on the latest scams.
Own your online assets
Owning, maintaining and operating the apps, devices and and any Internet of Things devices helps your business stay safe because you can stay in control of privacy and security settings and optimization.
Consider deploying an Artificial Intelligence security solution to remain far ahead of the curve
Machine Learning and Artificial Intelligence based cybersecurity products are readily available for you to consider. Additionally, they are often capable of preventing threats long before they are even found and reported. Some of these products even have the unique capability of responding to threats while offline.
Education
Consider lunch and learn information sessions lead by a privacy and security subject matter expert for Q&A sessions with your teams. This will help enable them to have the opportunity to learn more around safe and secure business operation.
Select service providers that value privacy and security
Consider working towards partnerships with businesses that have a commitment to privacy and security to help ensure that your entire business flow is as a safe as possible. Also, make time to consult with experts about your security policies to help protect your business against new threats.
Please remember that anyone can become the victim of fraud. Preventing fraud, and protecting your business is extremely important. We hope that the tips and tools listed above help you and your business stay safe.
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