When it comes to cybercrime against businesses, major data breaches at large corporations are often what grab headlines. However, small businesses are increasingly a target for fraudsters. Their assumption is that mom-and-pop businesses are less likely to have strong cybersecurity protections in place–but there are steps even small business owners can take to combat fraud.
In a recent article in the Daily Herald, Stephen Ball, Head of Business Banking at Byline, detailed steps Illinois small business owners can take to protect themselves, including:
- Monitor your financial records regularly so you can catch unauthorized charges early.
- Establish clear security protocols for online credentials–and require all employees to follow suit.
- Get to know the security features of the websites and software your business uses daily, including applying patches and updates as soon as they’re available.