How to Protect Businesses From Holiday Season Cyber Scams

During the Black Friday and Cyber Monday sales this year, Brits plan to spend an estimated £3 billion, with over half of UK adults (51%) planning to splash the cash over the holiday weekend. But it’s not just a lucrative time of year for businesses. Cybercriminals also look to take advantage of the increased traffic and high volume sales.  Fortunately, Keeper Security has provided cybersecurity best practices for small businesses to help protect sensitive systems and valuable customer data during the biggest shopping week of the year.

Cybercriminals utilise a range of tactics to gain access to an organisation’s systems and valuable data during this hectic time, which can include phishing attacks, ransomware, malware, business email compromise and more. Preparing for and actively defending against cyber threats is essential to maintain the security of customer data and transactions during the holiday shopping season and year-round. Retailers should implement a multi-layered approach to cybersecurity, including the following:

Employee Training is Key – As per the findings in Verizon’s Data Breach Report, 74% of security breaches are attributed to human factors, such as susceptibility to social engineering, compromised credentials, or inadvertent mistakes—such as misplacing passwords. Integrating cybersecurity training into the onboarding process is crucial, and regular phishing tests and supplementary training sessions should be implemented to keep employees informed about the latest threats.

Secure Sensitive Systems-Safeguard your payment processing by utilising reputable tools and isolating payment systems. Enforce privileged access management to secure and oversee access to critical systems like payroll and IT. Apply the principle of least privilege to ensure that employees only have access to the specific systems and accounts necessary fo ..

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