Online scams rise 75% in 2020, is your data safe?

01 Sep 2021 Helpful Tips

It a nervous time for businesses in the UAE. As businesses turn to remote working as a result of the covid-19 pandemic, many of whom are being targeted by online scammers.

Studies recently released found online scams and data attacks increased by 75 percent in 2020. The most concerning part of the report found that 77 percent of those effected by data breaches lost a significant portion of their business in the form of customer loss, financial loss or data loss. One business reportedly lost a total of AED 4.7 million in one foul scoop after being targeted by online scammers.

As business continue to work remotely the threat of data scams is constantly growing. If your dealership does not have a system in place that secures your confidential data, you are putting yourself at risk. There is no better time than NOW to assess your current online security set up. Is your data safe?

EasyCars has put together a quick guide showing you the biggest risks to your dealership and how you can avoid losing thousands in data breaches.

The risks to UAE Motor Dealerships

It doesn’t matter what type of system you use there are many risks to your data. The biggest concern for businesses is losing financial information, data, or customers. For dealerships it takes years to build reputation, but it takes seconds to lose it. The importance of cyber security cannot be overlooked!

Some of the biggest risks to your dealership include:

  • Email attacks
  • Password Attacks
  • Data theft
  • Viruses
  • Fraud
  • Malware
  • Hardware corruption
  • Blocked service
  • Misinformation/ defamation
  • Cyber-extortion
  • Phishing
  • Falsification of documents

As online scammers continue to look for new ways to access your data the risks have never been greater. If your data is breached the consequences can be catastrophic, you could lose customers, reputation and face legal liabilities. The last thing your dealership needs is to be dragged into legal proceedings due to a data breach – the costs could cripple your business!

How can dealers improve data security?

Implement a cloud security solution like Microsoft Azure – the world’s most trusted cloud solution. Microsoft Azure is the world’s leading cloud-based security provider. Azure has the largest resources available on the market to combat data threats. With ongoing updates and constant investment, Azure is a safe solution to protect data in the UAE.

Here are some of the key features of Microsoft Azure:

  • Multi-Tiered Security Set up
  • Stores data on a highly secure cloud platform
  • Minimises the costs of replacing corrupted data
  • Reduces the impacts of data breaches

EasyCars dealer management system has made a significant investment in Microsoft Azure and are committed to providing exceptional data security.

Is your current management system safe enough?

Your management system is the key to running your dealership. As a motor dealer in the UAE, you juggle many tasks and responsibilities, the last thing you want is to stress over data security.

It is so important that you find out as soon as possible how your provider is storing and keeping your data safe. If they cannot answer you instantly, you need to seriously consider changing to a provider that takes your data security seriously.

In conclusion,

With online scammers continuing to target businesses in the UAE NOW is the time to minimise the risk to your dealership by investing in a cloud-security system. It takes years to build a successful business, but a simple data breach can crush your dealership instantly.

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About EasyCars

EasyCars is the fastest growing dealer management system in the UAE. EasyCars simplifies and automates a dealer’s day to day tasks in one central location. Everything from stock control, to VAT, Advertising and Websites is automated – giving you more time to focus on increasing sales.

To protect UAE motor dealers, EasyCars has made a significant investment in Microsoft Azure, the world’s most trusted security solution. Very few providers around the world have invested in data security like EasyCars and our aim is to give dealers the peace of mind knowing their data is safe and secure.

Want to learn more? Contact us today on 0545 086 000 or submit the form below to get your no-obligation free demo of EasyCars.

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