International Fraud Awareness Week is November 12 – 18. We hope you do your part to minimize the impact of fraud this week — on both yourself and your business.
Protect Yourself Against Cyber Risk
Cyber risk is increasing rapidly for everyone – and not just for business and organizations. As consumers in this digital age, we open doorways to fraud cyber attacks at every online or in-store credit card purchase with more of our personal information tying to corporate retail data. As smart home technology expands, we become more susceptible to attacks with every computerized refrigerator and Amazon Echo we install.
We don’t need to sit around waiting to become victims. We can minimize our cyber risk and take matters into our own hands. Continue reading…
Fraud: Yes, it Can Happen to Your Small Business
Does your organization use some form of technology to do business? If so, you face cyber fraud risk every day. Continue reading…
Cyber Security Stats Small Business Owners Need to Know
While cyber breaches at corporations like Target and Ebay make the headlines, small business are still very much targets for hackers. Many entrepreneurs and small business owners don’t realize that they are just as at risk for cyberattacks as larger, big-name corporations. According to a 2017 report:
- 50% of small businesses in the U.S. have been breached in the past 12 months.
- 43% of cyberattacks target small business.
- 60% of small companies go out of business within six months of a cyberattack.
Prevent Your Business from Falling Victim
Given the highly connected environments in which we work, cyber risk has become a top-of-mind issue. Since the Internet is now such an integral part of most operations, doorways to disaster have opened that never existed before. Businesses can spend millions of dollars on technology and software to protect themselves, but if they fail to invest time and resources in training their own employees, they may be missing a leading cause of cybercrime.
According to data security incident response reports, human error is the leading cause of data breaches. Some of the most prominent companies learned that all too well in the last calendar year, as costly mistakes by their employees left their business vulnerable to hacks. Unfortunately, by the time employees figure out that they’ve been duped, it’s often too late. Continue reading…