We all Know A Nigerian Prince Who Needs Help
Technology (AI, ChatGPT, Social Media, etc.) has played an important role in the growth of our economy. However, it has also given rise to malicious threats from bad actors as well. I am sure we all know a Nigerian prince whose money is stuck overseas, who just needs our help (or more specifically our personal information) to get it out. As funny as we think that is, businesses and government entities fight Phishing, malware, botnet, ransomware, spyware and more on a daily, if not hourly, basis. So, how do you protect yourself or what is the process if you are breached? While nothing is fool proof, below are some tips that may be useful:
- Keep your software up to date
- Avoid Phishing Scams (e.g., emails that request a change in payment)
- Practice good password management
- Be careful of clicking on links
- Never leave devices unattended
- Safeguard your data
- Safeguard your mobile devices
- Install anti-virus/anti-malware protection
- Keep your data backed up
- Make sure you have a cybersecurity protocol for your company
- Review your contracts and make sure you have cybersecurity addressed
- Review your cybersecurity insurance coverage and make sure it provides adequate coverage
Most importantly, don’t ever think that you are fully protected. The technology landscape is constantly changing and your vigilance in this area will pay dividends in the long run. Below are some articles and alerts that may be of interest:
- Most Common Cyber Security Threats In 2024 – Forbes Advisor
- Strengthen your cybersecurity | U.S. Small Business Administration (sba.gov)
- Cybersecurity threat trends | Deloitte Insights
- 10 Must-Read Ransomware and Cybersecurity Articles (gartner.com)
A few things that may be of interest:
- Webinar | Must Have Employee Policies for Small Businesses – Hiring, Firing, and Staying Compliant (nfib.com) (03/06/24 @ 12pm)
- Economic Review: March 2024 – Silvercrest (silvercrestgroup.com) (thanks Sean O’Dowd for sharing)
- Webinar | Borderless Workforce: Unraveling State Wages and Reporting for Travelers (stambaughness.com) (03/19/24 @ 2pm)
- Webinar | Microsoft Copilot Implementation: What You Need to Know (stambaughness.com) (03/06/24 @ 2pm)
- EisnerAmper Webinar | Developments in Beneficial Ownership Information (BOI) Reporting Requirements (3/4 12pm-1pm; thanks to Cary Gertler for sharing)
As always, please don’t hesitate to email myself (jsanders@mpl-law.com), Andy Miller (amiller@mpl-law.com), Christian Miller (cmiller@mpl-law.com), Erik Spurlin (espurlin@mpl-law.com), Brad Leber (bleber@mpl-law.com) or anyone in our office with questions or comments.
Please see all of our prior updates at this link or if you would like to be added to our email list, please click here.