Here are some steps you can take to guard against Business ID Theft:
- Double up. Use a dedicated computer for financial transactional activity. Do not use the same computer for general web browsing and email.
- Update often. Apply operating system and application updates (patches) regularly.
- Search out spyware. Ensure that current versions of anti-virus and spyware software are installed.
- Build firewalls. Have host-based firewall software installed on computers.
- Stay current. Use latest versions of Internet browsers, such as Explorer, Firefox or Google Chrome with “pop-up” blockers.
- Hit the switch. Turn off your computers when not in use.
- Individual attention. Do not batch approve financial transactions. Review and approve each one individually.
- Keep watching. Review your banking transactions and your credit report regularly.
Defend Against a Hostile Takeover
Actually, “hackers” is too nice a word. They’re thieves, often part of big criminal organizations. Their crime is sometimes called a Business Account Takeover. They target small and medium businesses and access their web banking credentials. They drain deposit accounts and lines of credit, funneling funds into overseas accounts. As a business owner, you should defend yourself. After all, it’s not just your computers that are at risk. It’s everything you’ve worked for.