Cryptocurrency continues to grow in popularity across the world, with over 420 million crypto users worldwide (Report by IITW). With its increasing usage, the risk falls to a surge in sophisticated scams designed to put businesses, employees and finances at risk.
At The One Point, we believe that cybersecurity begins with awareness, and your employees are both your biggest weakness and most significant strength.
Here are our TOP tips that you need to know to protect your organisation from crypto-related threats.
What is Cryptocurrency?
Crypto is a digital currency that operates independently of traditional banking systems. It offers benefits such as fast, decentralised transactions and potential investment returns. Its unregulated nature makes it a popular tool for cybercriminals.
How could Crypto scams affect your business?
Cybercriminals constantly evolve their methods, and crypto scams are becoming a serious threat to businesses.
Here are a few to look out for!
Fake Investment Opportunities
Scammers pose as crypto experts or advisors, offering your employees guaranteed profits in exchange for personal or business funds. These “investments” usually lead to a total loss of funds.
Phishing for Wallet Credentials
Like a traditional phishing scam, criminals may trick your employees into clicking malicious links or downloading malware to steal crypto wallet information – often compromising business systems.
Fake Crypto Platforms
Convincing websites and apps may appear legitimate – even offering dashboards and limited withdrawals to build trust. But in the end, these platforms are designed solely to steal funds.
Why this matters for your business.
Even if your company doesn’t directly invest in cryptocurrency, your employees might. And when they fall victim to a scam, it can lead to:
- Financial Loss
- Phishing-based breaches
- Compromised company data
- Reputation damage
These scams often occur during working hours or on business devices, creating a real cybersecurity risk for your organisation.
How to protect your business and employees!
Employee Awareness Training
Regularly educate staff on identifying crypto scams. Emphasise that no legitimate investment guarantees high returns with zero risk.
Email & Web Filtering
Implement advanced filtering to block suspicious crypto-related links and phishing emails before they reach inboxes.
Multi-factor authentication & strong passwords
Add extra layers of protection to employee accounts and internal systems, especially for financial platforms.
Social Media Vigilance
Warn employees not to engage with unsolicited crypto offers via social media, WhatsApp, or email – even if they appear to come from trusted sources or celebrities.
Encourage Reporting
Create a culture where employees feel comfortable reporting potential scams or suspicious behaviour immediately.
Stay ahead of cyber threats.
Crypto scams are just one of many emerging threats targeting UK businesses. As your trusted MSP, The One Point is here to help protect your data, systems, and people.
Would you like support with reviewing your cyber security posture or running an awareness session for your team? Get in touch with us today!
01482 420150
✉️Sales@theonepoint.co.uk