(Video) How to protect your Financial Information

Roger Smith, CEO at R & I ICT Consulting Services Pty Ltd and Amazon #1 author on Cybercrime discusses protecting your financial information from cybercrime.

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Hi. My name is Roger and I would like to talk to you about how to protect your financial information. Financial information is not just the information that you’re collecting about other people. so it’s not just about credit cards, it’s not about security codes on the credit cards, it’s not about expiration dates. What we’re looking at is the financial information that you hold within your business.

So if you’ve got information about your bank account – who has access to it? Why have they got access to it? Have you segmented your business so that only the people who require access to your financial information have that access to the financial information? Or are you using one username and password that logs on for everybody in the business?

So you always have to look at what financial information is and how you are protecting it to a level where not only are you protecting the credit cards of your customers and the credit card information of the customers but you’re also protecting your bank balance and your bank accounts, and access to that accounts.

Because the cyber criminals are a very persistent group of people and they will go after anything that they believe makes them richer. So if you’ve got financial information make sure you are protecting it with all of the right things in place. So they have got secure passwords. Nobody has access to it apart from the people who need access to it.

Thank you very much.

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