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Practical advice on accounting, cash flow and running a healthier, more profitable business.

10 Ways to Protect Your Business from Online Threats

10 Ways to Protect Your Business from Online Threats

Small businesses are attractive targets for online criminals because they often hold valuable financial data without big security teams. The good news is that a handful of practical habits can block most common attacks.

Secure Your Accounts and Devices

First, use strong, unique passwords and a password manager. Second, turn on multi-factor authentication wherever it is offered. Third, keep software and devices updated. Fourth, install reputable security software on every computer and phone that touches your business data.

Protect Your People

Fifth, train your team to spot phishing emails and suspicious links. Sixth, give each person access only to what they need for their job. Seventh, always verify payment or banking change requests by phone, using a number you already trust, before sending any money.

Protect Your Data

Eighth, back up important files regularly and test that you can restore them. Ninth, secure your Wi-Fi and use a trusted connection when working remotely. Tenth, store sensitive records with reputable cloud providers that use encryption rather than on a single computer.

Plan for the Worst

Even the best defenses can fail, so write down who to call and what to do if something goes wrong, and consider cyber insurance. BillOas can help you keep your financial data organized and protected in the cloud.

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