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Wednesday, May 29, 2024

Data Privacy Week: Tips for Small Businesses to Heighten Cybersecurity Defenses

As Data Privacy Week takes centre stage, Yoco, a leading advocate for small businesses, is issuing a call to action for small businesses to bolster their cybersecurity defences. With cyber threats on the rise, especially in the form of phishing scams, Yoco emphasises the critical need for small businesses to fortify their digital security. Here are key tips for small businesses using Yoco to enhance their resilience against potential cyber threats:

1. Verify Email Communications:

Exercise caution when encountering unsolicited emails requesting personal details or urging clicks on links. Legitimate communication from Yoco will never ask for sensitive information via email. Business owners are encouraged to verify the sender’s email address and reach out to Yoco directly if any uncertainties arise.

2. Utilising Secure Links:

Always use trusted and secure links when engaging in online interactions. Business owners should be cautious and refrain from clicking on links originating from unfamiliar sources or emails.

3. Awareness of Phishing Scams:

Small businesses are urged to stay vigilant against phishing scams, which often involve deceptive messages coercing individuals into disclosing sensitive information. Yoco advises business owners to exercise caution when faced with unexpected requests for personal details and to avoid providing Yoco account login information through unfamiliar channels.

4. Securing Account Login:

Strengthening the security of accounts is paramount. Business owners are advised to use robust passwords, changed regularly. Yoco emphasises the importance of not sharing login details and cautioning against storing passwords on shared devices.

5. Verification of Personal Details:

Small business owners are encouraged to regularly cross-check the accuracy of personal details listed on their Yoco accounts. Any identified discrepancies should be promptly reported to Yoco for resolution.

6. Monitoring Account Statements:

To mitigate potential damages, Yoco advises small business owners to conduct regular and thorough checks on their account statements for any unauthorised transactions, withdrawals, or payments.

7. Team Education:

Small business owners managing a team are urged to ensure all members are well-informed about the significance of data privacy. Conducting training sessions can educate team members about common cyber threats and best practices for safeguarding sensitive information.

8. Immediate Action if Compromised:

In the event of a suspected account compromise, Yoco advises small business owners to take swift action by contacting Yoco at [email protected] or calling +27 87 550 9626.

9. Staying Informed and Vigilant:

Cyber threats evolve continuously, requiring small business owners to stay informed about the latest developments. Yoco encourages maintaining high levels of awareness and fostering a culture of vigilance within the business.

10. Reporting Suspicious Activity:

Small business owners are encouraged to foster a reporting culture within their teams, prompting immediate reporting of any suspicious emails or activities. This proactive approach aids in identifying and mitigating potential threats.

By embracing these proactive measures, small businesses using Yoco can significantly enhance their cybersecurity posture during Data Privacy Week and beyond.

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