One simple action you can take to prevent 99.9% of email exchange hacks
Businesses are becoming more reliant than ever on technology. The risk of a business incurring a cyber incident is no longer a question of if, but when. One of the best things you can do is to turn on multi-factor authentication (MFA) in Office365. This provides an extra barrier and layer of security that makes it incredibly difficult for attackers to get past. MFA can block over 99.9% of account compromise attacks.
Common vulnerabilities
Business email compromise - Where an attacker gains access to a corporate email account, such as through phishing or spoofing, and uses it to exploit the system and steal money. Accounts that are protected with only a password are easy targets.
Password reuse - common passwords and credentials compromised by attackers in public breaches are used against corporate accounts to try and gain access. 73% of passwords are duplicates, so this is a very successful strategy for many attackers.
In addition to this, if you haven't already put Cyber Liability Insurance cover in place, we highly recommend you get cover online with Frankie which is Frank Online. We've created this as an easy to use solution, giving great cover at a very competitive price. You can get a quote and bind cover online in minutes, it's that easy.