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Social engineering attacks: How to protect your business with a social media policy

Why is social engineering a threat?

Small businesses often lack resources, robust security measures and security expertise. Social engineering attacks may target businesses and employees with various social engineering tactics, often using social media as their way in. Businesses of all sizes should consider these social engineering attack trends reported by the Verizon 2024 Data Breach Investigations Report (DBIR):

of all breaches over the past 10 years involved the use of stolen credentials3

of breaches involved a non-malicious human element, like a person making an error or falling victim to a social engineering attack4

of financially motivated incidents involved ransomware or extortion, with a median loss of $46,000 per breach5

increase in the number of breaches that involved the exploitation of vulnerabilities as an initial access step6

Protect your business with a strong social media security policy

Small steps can go a long way toward protecting your business and employees from accidentally sharing information that can lead to a breach. Here are a few tips to help you build your policy:

1.
Establish some ground rules

Guidance should go beyond broad advice like “be careful.” Create detailed, written guidelines on what is acceptable to post to social media.

2.
Every post is important

In addition to teaching employees how to identify suspicious phone calls or emails, remind employees to take extra caution in posting from a business device, on a business social media account or in a personal post about the workplace.

3.
Security is a team sport

Improve engagement and investment among your team by including them in your policymaking. This approach will help keep policies fair, inclusive and transparent while also securing the buy-in you need for success.

4.
Security starts with you

Your social media security policy requires full commitment from the owner, manager and other leaders in the business.

Want to learn more about protecting your business?

Discover how Verizon Business Internet Secure helps protect your business from social engineering attacks and other threats.

The author of this content is a paid contributor for Verizon.

1 Lessing, Marlese. “What is Social Engineering?” sdxcentral, https://www.sdxcentral.com/security/definitions/keeping-telecommuting-workforce-safe-online/what-is-social-engineering/. Accessed 18 December 2024.

2 Ibid.

3 Verizon, 2024 Data Breach Investigations Report, 2024, page 43.

4 Ibid, page 8.

5 Ibid, page 20, 9.

6 Ibid, page 7.

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