With the number of scams being reported in Australia and continuing to rise, it is important that businesses know how to recognise risks and understand what needs to be done in case your business is targeted.

Scammers will try to contact you in various ways including calls, emails, social media, and text messages. There for you need to stay alert and implement all necessary actions to help your business stay safe and prevent cyber-attacks from occurring.

Below are four tips that have been put together to help your business improve its cyber security.

Update all operating systems and software

By keeping all operating systems and software up to date, you are minimising the chances of a cyber-attack occurring. It is important that as a business you are regularly updating your software, as this can provide security to those who try to hack your devices.

It is a good idea to turn on automatic updates, however, you must make sure you are using the most secure version. By setting your updates to automatic your software will continue to remain safe whilst saving you time.

Enable Multi-factor authentication

Multi-factor authentication is a security measure that makes you provide two or more proofs of your identity before allowing you access. This could include a combination of:

• Something you know – Password, pin, or question.
• Something you inherently possess – Fingerprint or face ID
• Something you physically possess – Smartcard, physical token, or authenticator app

Make sure MFA is enabled on all of your accounts including but not limited to:

• Email accounts
• Online banking and sites with payment details
• Social media

Backup data

Make sure you constantly back up your data, including important information. A good way of backing up your data is transferring it to an external storage device or to the cloud. This will help your business in case any information is ever lost, damaged or stolen.

Access control processes

Access control is a process businesses can use to help manage who out of your staff can access certain documents and folders within your business computer system.

Employee training

The more prepared and knowledgeable employees are the better they will be when it comes to safeguarding your business and the information you store. That is why employee training around cyber security is important as it will protect your staff and business against all cyber threats.

In doing so, all staff will have the same understanding and training of what to do in the chance your business faces a cyber-attack.

Contact Morris today on 1300 4 MORRIS and speak to one of our finance specialists to see how we can assist your business.