Here are some things you can do today to increase your security – and help protect yourself and your business against fraud and scams.
Fraud prevention checklist
November 11, 2024 | 1 minute read
1. Keep your contact information up to date
Your bank or financial institution can contact you quickly to limit your account exposure if there’s any suspicious activity.
2. Enable extra security features
Using features such as multifactor authentication and making sure you have the strongest possible password provides you with an extra layer of defense against fraud.
3. Allow alerts on your mobile banking app
Your bank or financial institution can contact you quickly if there’s any suspicious activity on your account.
4. Control who has access to your accounts
Generally, companies give you the power to grant customized access to your accounts. Only grant account access to employees whose responsibilities require it, and review permissions regularly.
5. Establish a cyber awareness program
Employees are the first line of defense against criminals. Adopting a cybersecurity training program will help raise awareness and prepare employees to detect potential threats to your organization.
6. Create a cybersecurity program and have an incident response plan
Businesses continue to be the primary focus for cybercriminals. Businesses that don’t have a proper cybersecurity strategy in place to help protect from both internal and external fraud are most at risk.
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