Hey, business owners! Tired of losing money to CEO scams?

1–2 minutes

Who isn’t, right? It’s time to get smart about security risk assessments.

Yes, those pesky assessments that sound boring but are actually your best friend in dodging scams.

  1. Step one: map out your company’s email flow. Who’s sending what to whom? Knowing this helps you spot anomalies. If Bob from accounting suddenly asks for a wire transfer, you’ll know something’s up—especially since Bob’s been on vacation for two weeks.
  2. Next, scrutinize your email security settings. Is your spam filter set to “catch-all-the-junk” mode? Great! But is it also catching important emails? Not so great. Adjust those settings to filter effectively without blocking legitimate business.
  3. Oh, and let’s not forget about multi-factor authentication (MFA). Yes, it’s an extra step, but it’s a step that can save your bacon. MFA ensures that even if a scammer gets your password, they still need a second form of verification. It’s like having a bouncer for your email.

Train your staff. Regularly. If your employees can’t spot a phishing email from a mile away, you’re in trouble.

group of people sitting on chair in front of wooden table inside white painted room
Photo by Christina Morillo on Pexels.com

Use simulated attacks to keep everyone on their toes: Trust me, it’s worth the effort!

Lastly, always verify before you trust.

Got an urgent email from the CEO asking for funds? Pick up the phone and double-check.

It might just save your business from a costly mistake.

person holding telephone illustration
Photo by Axel Grollemund on Pexels.com

So, there you have it. Conducting a security risk assessment isn’t just a good idea—it’s essential. Keep those scammers at bay and protect your hard-earned money.