Home
Accounting Software & CRM
Introduction
Microsoft Business Central
Dynamics SL
Dynamics GP
Crystal Reports
PDF Explode
SQL Server Reporting Services
Business Performance Management Dashboard
Accounting & CRM Software Training
XLstatements
TechnologyEdge Outsource IT
Introduction
Cloud Computing
Security
Software Assurance
Windows Server 2019
Backup Systems & Data Recovery
Web Filtering
Internet
Microsoft 365
Recovery Planning
Remote Access
Virus, Spyware Inspection & Protection
SharePoint
Pilot DISPATCH Software
Support
Blog
About Us
Introduction
Contact Us
|
Login
X
Home
Accounting Software & CRM
Introduction
Microsoft Business Central
Dynamics SL
Dynamics GP
Crystal Reports
PDF Explode
SQL Server Reporting Services
Business Performance Management Dashboard
Accounting & CRM Software Training
XLstatements
TechnologyEdge Outsource IT
Introduction
Cloud Computing
Security
Software Assurance
Windows Server 2019
Backup Systems & Data Recovery
Web Filtering
Internet
Microsoft 365
Recovery Planning
Remote Access
Virus, Spyware Inspection & Protection
SharePoint
Pilot DISPATCH Software
Support
Blog
About Us
Introduction
Contact Us
Blog
About Us
/
Blog
Introduction
Contact Us
Categories
RSS
Announcements
27
Expand/Collapse
RSS
Dynamics SL
30
Expand/Collapse
RSS
Dynamics GP
48
Expand/Collapse
RSS
CRM
17
Expand/Collapse
RSS
Information Technology
100
Expand/Collapse
RSS
Local News
12
Expand/Collapse
RSS
Mobile
12
Expand/Collapse
RSS
Sage
26
Expand/Collapse
RSS
Security
35
Expand/Collapse
RSS
Tech News
103
Expand/Collapse
Archive
Expand/Collapse
2024
11
2024, August
1
2024, July
1
2024, May
2
2024, April
2
2024, March
2
2024, February
2
2024, January
1
Expand/Collapse
2023
9
2023, November
1
2023, August
1
2023, July
3
2023, June
2
2023, May
2
Expand/Collapse
2016
1
2016, February
1
Expand/Collapse
2015
18
2015, December
1
2015, October
1
2015, September
2
2015, August
2
2015, July
6
2015, June
3
2015, April
1
2015, February
1
2015, January
1
Expand/Collapse
2014
8
2014, July
1
2014, June
1
2014, May
1
2014, April
3
2014, March
1
2014, January
1
Expand/Collapse
2013
33
2013, December
3
2013, November
1
2013, October
4
2013, July
1
2013, June
2
2013, May
1
2013, April
4
2013, March
3
2013, February
5
2013, January
9
Expand/Collapse
2012
63
2012, December
5
2012, November
5
2012, October
7
2012, September
5
2012, August
4
2012, July
2
2012, June
4
2012, May
5
2012, April
8
2012, March
4
2012, February
8
2012, January
6
Expand/Collapse
2011
50
2011, December
2
2011, November
3
2011, October
5
2011, August
1
2011, July
6
2011, May
6
2011, April
5
2011, March
11
2011, February
5
2011, January
6
Tags
Microsoft
Dynamics
Accounting Software
GP
Microsoft Dynamics
Sage
Dynamics GP
CRM
SL
Information Technology
Microsoft GP
Cloud
ERP
Great Plains
MAS 90
Microsoft Dynamics SL
Dynamics SL
Business Intelligence
Tech news
GP 2013
Technology News
Protect Financial Operations from Cybercriminals
Best Practices to Secure Financial Operations
20 November 2023
Author:
Stephanie Nelson
Number of views: 306
0 Comments
Companies rely on electronic transactions for their financial operations. This includes paying vendors, suppliers, and partners electronically, which requires having accurate banking information on file. With the rise in cyberattacks and fraudulent activities, it has become crucial for businesses to maintain strict security measures to protect their finances. In this blog post, we'll review essential steps to better protect your business.
Implement Two-Factor Authentication
(2FA) wherever possible to add an extra layer of security to user accounts. This ensures that even if someone obtains a user's password, they won't be able to access the account without the second authentication factor.
Shut down PCs at the end of the day
as a preventive measure against unauthorized access to a specific computer. Additionally, not turning off PCs in the evening has been associated with instances where ACH information for a vendor was altered.
Call the business to verify changes in banking information
. Use a phone number that is independently verified as belonging to the business. Avoid using phone numbers provided in the request itself, as they could be fraudulent.
Avoid Urgent Requests for Information
: Be skeptical of any email that demands immediate action, especially if it threatens consequences for non-compliance. Reach out by phone and communicate with a familiar contact at the business to confirm the request. Take your time to verify the email's authenticity.
Don't Trust Unsolicited Attachments
: Be cautious of email attachments, especially if you didn't expect to receive them. Phishing emails may contain infected attachments or files that can harm your computer or compromise your data. Before opening any attachments, verify their source and legitimacy. Once again, call a trusted source at the business to confirm the request.
Establish a Verification Protocol
: Create a clear and documented process within your organization for verifying changes in vendor banking information. Ensure that everyone involved in payment processing is aware of this protocol.
Regularly educate your employees about cybersecurity best practices
, including how to recognize, phishing emails (email addresses mimic legitimate organizations but contain subtle differences, such as misspellings or extra characters), social engineering attempts (hackers pose as trusted sources, such as a bank or a tech support representative), and other common cyber threats.
Remember that cybersecurity is an ongoing process, and cyber threats evolve constantly. Stay vigilant and adapt your security measures to address new challenges as they arise.
Print
Categories:
Dynamics SL
,
Dynamics GP
,
Information Technology
,
Security
,
Tech News
Tags:
Rate this article:
No rating
Please
login
or
register
to post comments.