• Cyberattacks: is your business protected?

        • Jason Fry, Managing Director at PAV i.t., discusses how businesses can protect themselves from cyberattacks, as social engineering becomes an increasingly bigger threat.

          One of the most prevalent threats currently facing the business community is human naivety in the face of increasingly sophisticated and elaborate social engineering scams. It’s no longer about simply obtaining banking or credit card details but gathering the right information to enable fraudsters to dupe their targets in a more intricate and elaborate way.

          Inadequate email protection

          The most vulnerable area for companies is the loss of information through either the neglect or inadequate protection of email when collating customer information, which makes accessing information easier for fraudsters.  If scammers are able to gather this information they can use it to dupe customers for monetary gain via ‘spear-phishing’, a process used by a fraudster which involves imitating emails so recipients believe it is from someone they know. 

          Employee awareness and education

          Both companies and their customers need to be educated about the issues which arise from human naivety.  Employees most at risk because of the nature of their job, such as staff able to authorise payments or cash transaction should be operating a two-layer authentication process to help eliminate breaches, a username and password and the additional backup of a randomly generated personal identification number (PIN) for every new transaction they process.

          Adequate email protection

          Using employee data from easy to obtain information sources such as LinkedIn can make it incredibly easy for fraudsters to gain access to company emails. Businesses can reduce their exposure to such risks by ensuring end users are only able to access the data they need and immediately removing access to systems the moment someone in the business leaves.

          Sharing experiences

          Businesses would benefit greatly from an online community where they can share their experiences of cyberattacks but unfortunately the subject still remains much of a taboo amongst business communities that don’t wish to admit to falling foul of a security breach. 

          Upcoming threats

          Ransomware – a form of malware, which typically propogates itself as a trojan, systematically encrypting files on a system’s hard drive, rendering it impossible for users to access or unlock devices without paying a ransom – is predicted to be a major upcoming threat to businesses, as well as the wider economy, with the potential to cause unprecedented disruption. 

          A robust security policy needs to not only include the traditional protection of systems, such as anti-virus and firewall software, but also iron clad processes should be adopted and communicated effectively to staff to prevent information from being leaked and to reduce the likelihood of customers becoming victims of duping scams.

          For more information about PAV i.t. services, please visit www.pav.co.uk

        • Stay up to date - Click here and register for FREE OEN online membership and enjoy unlimited access to a host of benefits including the exclusive members area of the website, downloadable business tools, current and back issues archive, priority breaking news alerts, weekly e news summary and the OEN app

        • Related Articles

        • Totality Services marks World Password Day with top tips

          Totality Services marks World Password Day with top tips

          Thursday 6th May 2021 by clareb
          Since 2013, the first Thursday of May each year marks World Password Day, promoting better password habits to stay safe online. With so many people working at home due to the ongoing pandemic, often without the IT support and protection provided...Read More...
          How remote working has changed issues faced by women in the workplace

          How remote working has changed issues faced by women in the workplace

          Wednesday 28th Apr 2021 by clareb
          Research from Yoppie has found that while remote working has improved pressures around appearance and PMS for women within the workplace, issues of fair representation and equal pay remain prevalent.  When surveyed by Yoppie...Read More...
          Half of office workers not confident about returning without vaccinations

          Half of office workers not confident about returning without vaccinations

          Tuesday 27th Apr 2021 by clareb
          Research from Ezra, a provider of digital coaching, has revealed that just half of UK office workers feel confident about returning to work without a full vaccinated workplace.  Ezra’s research found that 80 per cent of UK office wor...Read More...
                • About Us

                  OEN is the leading source of business news and information for buyers of office equipment, supplies and services within mid tier and up sized organisations. Our multi-platform approach delivers relevant, engaging and focussed content via our main printed magazine, bespoke guides and supplements, website, digital editions, apps, and newsletters with an unrivalled reach across the industry. A highly trusted and respected brand for many years, the print version of OEN last year celebrated its Diamond anniversary.

                  For our latest Media packs and more details on our range of services click here

                • View Latest Issue