With industrialization and globalization, a new type of industry known as small business has emerged. It has a limited capital starting at Rs 5 million. With the rise of IT infrastructure, many small-scale industries have also started using websites and blogs to promote their businesses. But as we all know, there are two sides to every coin, the same goes for IT usage and online banking.

Hackers are the people who go through the system and steal and sell an organization’s personal and confidential information to its competitors. They always look for small organizations or micro-businesses as they do not have a high level of security and it is also very easy to hack into their systems.

These are the following sources available to hackers:

The website or blog

With the advancement of technology, small and micro businesses have blogs and websites to showcase their information. This website is connected through a server on the main motherboard with all the information that is confidential to the business. Hackers tend to target the website or blog and reach the motherboard to get the transaction information and daily transactions of a company.

Mobile phones or tablets

Since the business scale is small and micro, daily transactions can be done through mobile or web banking. Since we are all careless about the security of our phones, this gives hackers an opportunity to get into our phones and tablets to hack transaction information and sometimes steal important banking information and dump the entire amount.

Emails

Emails are another source for system information. Hackers or spammers may send emails containing advertisements or links that, once clicked, can generate system viruses, helping hackers to steal information.

Every problem has a remedy, just like this one. Here are some ways we can protect our confidential information from being stolen.

passwords

Setting passwords on servers and Wi-Fi can be a proven way to protect outsiders from breaking into the system and decrypting information.

encryption

It is a process of encoding a message in such a way that only authorized parties can access it and those without the authority cannot see or read it. Helps keep information between trusted people.

updating

Frequent updating of software allows us to keep hackers away as they need time to figure out how to crack an update and thus keep our information safe and secure.

Security Questions and Creative Answers

We should find unique and different answers to the security questions asked by security. The basic and general answers are at a guess.

Do not link accounts

Linking website with bank account to facilitate transactions is a bad idea as when hackers hack the website they also gain access to bank accounts.

Therefore, the small business can adopt these means to protect their data from hackers.

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