Cybersecurity Tips for Business Members

Cybersecurity Tips For Business Members

At Y-12 Federal Credit Union, we want to partner with you in helping to strengthen your business’s cybersecurity defenses. Cyberattacks have been rapidly increasing each year, and with today’s work environment, you could be putting your business at risk. The threat landscape is evolving, and the attacks are becoming more widespread and sophisticated. Keeping cybersecurity in mind for your business practices and operations is critical in keeping your business safe.

Know The Threats

  • Ransomware – Ransomware is a type of malware that infects your computers and encrypts your files so you cannot access them again without paying the ransom demand by the attackers. This malware also spreads throughout the network by encrypting files, infecting more of your computers. This has become one of the most common attack vectors for cybercriminals.
  • Phishing – Phishing is by far is the most common attack vector businesses are facing today. If you use email, you are receiving phishing attacks whether you recognize them or not. A phishing email is trying to steal your information and or credentials or deploy malware to your computer. This is done either by URL links in the email or malicious attachments. Attackers often use tricks, impersonations, or threatening verbiage to hook you. Vigilance when it comes to email is of the utmost importance. Think before you click.
  • Business Email Compromise – This is a type of phishing attack, but it has become widespread in the business realm. The attackers use email and sometimes text messages to either pose as a trusted vendor or high-ranking employee to trick staff into sending money or buying dozens of gift cards and sending them somewhere. 

Protect Your Business

  • Take a multi-layer approach to your cybersecurity defenses.
  • Use endpoint security software on your computers. This will help combat malware at the front lines of your business, the users.
  • Use a firewall to protect your Internet connection. 
  • Secure your Wi-Fi networks with a strong password. Separate your business network from your guest or customer network.
  • Back up your critical data. If you have data or systems, your business cannot operate without your need to have good backups.
  • Educate and train your staff on the various threats, how to recognize them, and what to do when they do.
  • Perform a risk assessment of your business practices. Understand what and who is at most risk for an attack.
  • Have a plan to deal with cybersecurity events. Often these are highly stressful and chaotic moments. Having a plan to reach for and go to can save you valuable time - seconds matter.
  • Partner with a cybersecurity expert. There are many companies offering services to businesses to aid or manage different areas of cybersecurity. They can provide coverage, staff, and expertise some businesses simply cannot.