VIEWpoint Issue 1 | 2020
VIEWpoint Issue 3 | 2019
Contractor’s Revenue Recognition Reminder Checklist
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$390,000,000 Penalty for BSA Violations
NCUA Issues 2021 Supervisory Priorities
After almost a year of the COVID-19 pandemic forcing its way into our lives, an unprecedented number of employees have seen a familiar environment become their workspace: their homes. Work is now completed over home internet service providers (ISPs) via unsecured routers, nosy building neighbors listen in on private business calls containing sensitive information and partners may share a machine while working for a different company. While there’s no place like home, there’s also no place easier to attract cyberthreats.
Every day, more and more new security threats surface. Hackers use age-old tactics such as phishing emails while developing new COVID-19-related scams, preying on our need to buy supplies, read the latest news and learn how to recover from the virus if we catch it. For example, a recent scam included hackers developing an app posing as the World Health Organization (WHO). Anyone could easily mistake the app for a genuine one, and if downloaded, the application steals sensitive information right from your phone. Old-school security measures such as firewalls may have historically worked to stop these cyberthreats, but hackers are getting smarter each day. This means that in order to have your staff work entirely remotely, it’s time to rethink how to approach cybersecurity in 2020.
It’s nearly impossible to completely eliminate cyberthreats, which is fine since all threats are not equally detrimental or likely to occur. However, informing your employees of immediate steps they can take now to prevent the most harmful cyberattacks is the difference between a successful remote workforce and a vulnerable one. Here are some tips to share with your workforce to prevent irreparable and expensive data breaches:
The best offense against cyberattacks is a good defense, and that starts with you as the employer doing your due diligence to protect your organization from data breaches. Here are a few things you can do to set your employees and, in turn, your business, up for success:
Unfortunately, cyberattacks have been around for decades and they will continue to be a large part of an organizations’ data security concerns. Cybercriminals continue to adapt to new challenges and create innovative scams that are becoming more and more difficult to distinguish. However, cyberattacks create an opportunity for businesses to raise awareness about data breaches to employees and create a company-wide plan of defense.
If you are concerned about potential cyberthreats to your remotely working organization, contact us today to learn more about our CYBERCLAW suite of IT solutions to safeguard your data and minimize your overall cybersecurity risk profile.
This publication is distributed for informational purposes only, with the understanding that Doeren Mayhew is not rendering legal, accounting, or other professional opinions on specific facts for matters, and, accordingly, assumes no liability whatsoever in connection with its use. Should the reader have any questions regarding any of the news articles, it is recommended that a Doeren Mayhew representative be contacted.
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