Insights

We All Know a Nigerian Prince Who Needs Help

October 06, 2025

Written by James Sanders

Technology (AI, Social Media, Blockchain, Cybercurrency, 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:

  1. Keep your software up to date
  2. Avoid Phishing Scams (e.g., emails that request a change in payment)
  3. Practice good password management
  4. Be careful of clicking on links
  5. Never leave devices unattended
  6. Safeguard your data
  7. Safeguard your mobile devices
  8. Install anti-virus/anti-malware protection
  9. Keep your data backed up
  10. Make sure you have a cybersecurity protocol for your company
  11. Review your contracts and make sure you have cybersecurity addressed
  12. 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:

About the Author

James Sanders

James Sanders

Managing Partner

James Sanders is an experienced attorney with a deep and comprehensive knowledge of business law, specializing in mergers and acquisitions. Combining extensive legal expertise with a strong foundation in business strategy, James provides sophisticated and practical counsel tailored to the complex needs of business owners and corporate clients.

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