Business ID Theft (Part 1): SMBs Have Identities Too

Business Identity Theft 101 

Identity theft comes in all shapes and sizes. Despite the effort we put into protecting our financial accounts, Social Security numbers and online login credentials, we’ve seen identity crimes continue to grow.

We know it’s important to protect our personal identities. But when was the last time you thought about protecting your small business’ identity?

Like people, businesses can also fall victim to identity theft. Criminals take on a business’ identity to target its funds, file fraudulent tax returns, take out loans, apply for lines of credit and accumulate debt under the company’s name. Continue reading

Ransomware & Small Business: Infographic

 

Ransomware surges 

Ransomware can be particularly threatening to both your business’ security and funds. Instances of ransomware have increased 167 times since 2015. Hackers gain access to your company’s networks, compromise sensitive business data and then hold those files at ransom. Until you pay the ransom, your infected devices are virtually useless. 

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Why Your Small Business Needs a Password Manager

Passwords in Your Business 

In today’s world, there’s not much you can do to avoid using passwords. Within your small business, passwords are used to protect your sensitive documents, employee, vendor and customer information, as well as trade secrets, business funds and more. 

Criminals will often target your business – a hub of highly sensitive information – over individuals simply because businesses hold larger pools of valuable data. Even if you follow sufficient security standards, change your passwords regularly and incorporate strict password policies, sometimes bad password habits can still slip through the cracks.

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Combating Ransomware: Back Up, Patch Up, Catch Up

Ransomware strikes, panic sets in 

Ransomware, the computer malware designed to hold your devices and files ransom, can pose a huge threat to your company. Once a device is infected, it only takes a few seconds for a ransom note to display —demanding payment in exchange for a key to unlock your system. Until you pay the ransom, your device is virtually useless. And even if a payment is made, there’s no guarantee that the hacker will unlock your device. In short, you’re left with two choices: dig into your business funds to pay the ransom or let the hackers keep your files and hope they don’t further misuse your compromised information?

As a business owner, this is a decision that you should never have to make. Continue reading