What Should Entrepreneurs Do if They Fall Victim to Cyber Fraud?
1. Report the Incident: Immediately report the fraud to relevant authorities and financial institutions. 2. Contain the Breach: Isolate affected systems and networks to prevent further damage. 3. Notify Stakeholders: Inform clients, partners, and employees about the breach to maintain transparency and trust. 4. Review and Revise Security Policies: Analyze the breach to understand how it occurred and update security protocols to prevent future incidents.