Financial services is a term used to describe the new rules which oblige financial institutions and banks to verify the identity of their customers.
Do not allow your business associates to conduct business with any nefarious actors that may be subject of governmental sanctions.
The art industry was previously not regulated. It has become a hotbed for money laundering. Europe enacted
its anti-money-laundering directive in 2020 (known as the AMLD5), but tightened restrictions are also in the works for the U.S. art industry, which is still the
the world's biggest art market.
Back up your data
Prevent data loss by routinely backup your files to external hard drives. This is the best way to protect both you and your company from ransomware
attacks. According to the U.S. government website Cybersecurity and Infrastructure Security, (CISA), Ransomware "is an ever-evolving kind of malware."
designed to encrypt the files on a device. It renders all files and the systems that depend upon them unusable. Criminals will demand ransom for the keys.
You may be thinking "But you're just me and my intern!" It is unlikely that a sole proprietor would be an ideal potential target.
The attacks of ransomware are comparable to phishing and credential thieves. This is due to the fact that the work of a pandemic is often far away.
Everyone is a potential target.