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Keeping Businesses Safe from Fraud

KEEPING BUSINESSES SAFE FROM FRAUD THE UNEXPECTED PLACES WHERE FRAUD MIGHT OCCUR Data breach = $7.2 million in damages According to Shred-it's 2011 Security Tracker, 47% underestimate the consequences of fraud 47% of small %24 businesses felt that a data The Ponemon Institute demonstrates that a breach would data breach could cost organizations an not impact average of $7.2 million, and that doesn't include lost customers or reputational damage. their business. In order to keep your business safe from fraud, be aware of four unexpected places where it might occur: Offices: TIP #1 38% From small businesses to mobile of small Canadian businesses don't have a protocol for securing and destroying data* workers, employees must be conscious of their data regardless of where their office is. Of the 2.3 million small businesses in Canada, Establishing a | security protocol and training staff in secure document destruction 870,000 do not have a protocol for securing and destroying data* can help protect your business from fraud. Restaurants: A quick pit stop for coffee or a simple business lunch at your local café could leave TIP #2 57% LTJ Don't leave your receipt on the table - of all information breaches and investigations occur in the food and beverage industry** ensure any records with financial information are you at risk of fraud. given directly to staff. TOP SECRET Hotels: A quick overnight stay could put business travellers at risk of fraud. The hospitality industry accounts for 85% TIP #3 10% Be careful what you of information breaches and investigations occur in locations such as hotels** leave in your hotel garbage - store all sensitive material in a safe place until it can be shredded. of information breaches and investigations.** Internet: TIP #4 Cloud computing From online shopping and banking to cloud computing, the internet poses a great risk to your information security. services are often located in countries with lax security policies that can lead to breaches of Carefully review security procedures and policies at a prospective cloud computing provider before placing any sensitive data sensitive information on the cloud network. *Taken from 2011 Shred-it Information Security Tracker, powered by Ipsos Reid. **Trustwave Global Security Report 2011. Shred-it %24

Keeping Businesses Safe from Fraud

shared by Shred-it on Jun 15
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Businesses should consider the following security tips to ensure they are protected from fraud or a data breach.




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