Risk of Identity Theft is a Costly Proposition for SMBs

Small Business Owner Looking at Laptop

*Originally posted June 18, 2019. Updated June 22, 2020.*

Much like individuals, businesses can be victims of identity theft. However, unlike personal identity theft, it is often unclear how a Small and Medium-Sized Business (SMB) can recover from the financial and reputational impact. Business identity theft occurs when criminals impersonate a company to target its funds, file fraudulent tax returns, take out loans, or apply for lines of credit — all for financial gain. Continue reading

Stay On Top Of Business Email Compromise

Business Person Checking Email on Mobile Device

*Originally Posted July 11, 2016. Updated May 27, 2020*

You’ve heard the old saying: “Don’t open an email from someone you don’t know.” You assume that your employees understand how to spot a phishing scam with illegitimate hyperlinks or suspicious attachments with odd file extensions. But what if they receive an email that appears to come from your financial adviser, your business’ trusted vendor, or even you? The Federal Investigation Bureau (FBI) has anticipated an uptick in BEC scams during the coronavirus pandemic. Since the beginning of the crisis, businesses are seeing 80% of scam emails are using COVID-19 messages. Continue reading

COVID-19 Scams Raise Security Concerns for Businesses

Over the past weeks, the novel coronavirus (COVID-19) pandemic has caused a shift in our working conditions, our social interactions, and our work/life balance in general. Many organizations have instituted work-from-home policies to adhere to the social distancing requirements in every state, and over one-third of employers say the recommendations to limit social contact have triggered a work from home policy for the first time. Continue reading

Public Information Threatens Your Business Security

Man Staring at Wave of Information

*Originally posted February 22, 2017. Updated March 23, 2020*

Is your business more public than you think? 

In this overwhelmingly information-rich world, the answer is a definite yes. And if it’s public information, it has every legal right to carry on. 

Among social media platforms, review sites, consumer blogs, industry forums, and business search databases, there’s a good chance that you’re being talked about. People flock to this public information so they can get a better picture of your company from others’ experiences. This includes current and prospective customers, as well as potential business partners. Continue reading