AI and the Future of Work: Adapting Your Business

Key Takeaways:

1. Strong IT Security Matters – Having a good system in place to watch over your technology helps keep important customer information safe from hackers.
2. Train Your Employees – Teach your team how to spot fake emails (phishing scams) and follow security rules to prevent accidental leaks or cyberattacks.
3. Use Common Sense – Be extra careful when handling data. Avoid clicking on suspicious links, and always double-check before sharing important information.
4. Cybersecurity Insurance Helps – Just like car or home insurance, cybersecurity insurance can help cover costs if your business suffers a cyberattack.
5. Look into Alternative Protections – Some businesses use things like Bitcoin to keep their money safe from changes made by big banks or governments.
   
   

Chapters:

Timestamp Summary

0:00 Navigating the Cybersecurity Minefield for Business Owners

4:03 Teaching Awareness and Safety in Evolving Neighborhoods

5:27 Common Sense Cybersecurity Practices to Protect Data

9:07 Bitcoin as a Secure Alternative to Central Banks

10:17 Investing in Cybersecurity and Insurance for Business Protection

 

Powered by ReiffMartin CPA and Stone Hill Wealth Management

 

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Phillip Washington, Jr. is a registered investment adviser. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and, unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Past performance is not indicative of future performance.