Fraud Awareness Week: Prepare Your Business for Holiday Scam Season

Although we don’t like to admit it, succeeding as a small to mid-sized business (SMBs) takes more than a great idea and strong work ethic. Vigilance and the ability to anticipate the unexpected — whether it’s unforeseen costs, dips in the economy, or other more ominous issues — is all part of the job description for every small business owner. Continue reading

Building a Culture of Security for Your Organization

Why Workplace Security Depends on Employees

October is National Cybersecurity Awareness Month (NCSAM), and since its inception more than 15 years ago, it has been led by the U.S. Department of Homeland Security and the National Cybersecurity Alliance. This year’s theme encourages you and your organization to “Own IT. Secure IT. Protect IT.”, referring to following safe online habits and safeguarding all business devices and information collected. Continue reading

Examining the Financial Consequences of a Data Breach

The likelihood of a company, big or small, facing a security incident has increased, and an estimated one in three organizations will fall victim in the next two years. As long as cybercriminals can make a profit from consumer and business data on the Dark Web, organizations will continue to be targeted by hackers. Businesses must be empowered to better protect and prepare their organization against a data breach. The consequences are costly, but the good news is the damages, and the expense, can be mitigated. Continue reading

Small Businesses Must Demand More from their Banking Relationship

Many Small to Medium-Sized Businesses (SMBs) rely on their bank for all their checking and credit needs. But could they be doing more? A recent study by J.D. Power discovered only 37% of small business banking customers believe their bank appreciates their business, and 32% say their bank understands their business. A strong relationship is one built with trust and communication, and the same goes for your relationship with your Financial Institution (FI). Your small business banker is not only there to ensure your business credit line is open and your cash flow is managed. They can also be a trusted advisor, helping you safeguard your business, your assets, and your employees from identity theft and cyber threats. Continue reading