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Small businesses warned about new scam

November 24, 2023 By Gordon

Business Buzz, a business network based in Scotland, has recently issued a warning to business owners to be more aware about the new “phishing” scam that has been targeting small businesses.

“Phishing” is a term that refers to gaining access to sensitive details such as passwords and bank account details. This practice has been happening more frequently ever since the advent of online banking.

The latest phishing scam usually involves an email entitled “Photo approval”. The email would allegedly come from a publication that would claim to have been sent a photograph of the recipient and that they would like to use the photo in a future article. A supposed copy of the said photo is attached to the email but if the recipient clicks on it the attachment will release a virus that would allow the sender of the email to access the passwords and other vital information that is stored inside the computer.

Company formation and business solutions experts have urged business owners to take precautions in order to protect their businesses from this kind of scam:

Refrain from clicking on links that are embedded in emails. Be naturally suspicious even if the email comes from a well known company.

Don’t open attachments if the email itself looks dubious. Don’t open attachments from sources that you don’t know to reduce your risk of exposure.

Use a spam filter. Try to use an anti-spam software to help sort out possibly fraudulent email.

Make sure that the definition files for your anti-virus application is up to date. When you have up to date definition files your PC has a better chance of catching any virus in case you or any person unwittingly opens a suspect email.

Filed Under: Business Enhancements, E-Commerce, General Management, Limited Companies, Off Shore Companies, Partnerships, Tax Free Companies, The Sole Proprietor, Tricks of the Trade, UK Companies, Virtual Office

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