When a Corporate Data Breach Happens: Critical Next Steps for 2019

Corporate Breach Response

What if my Business is Next?

Regardless of cybersecurity proficiency, no organization is safe from data breaches. That’s why it’s critical that every business develops and documents an Incident Response Plan. Your response plan will outline steps your organization should take if you suspect data has been compromised. The quicker your business follows the plan, the better off you will be, and you will be in position to mitigate the impact the data loss will have on your business. Continue reading

Three External Scams Targeting Your Small Business

Small Business Owner Concerned About Scam

Businesses Beware  

Scammers are getting more sophisticated and are constantly evolving to avoid detection. And, within small businesses themselves, there are internal issues that may lead to a higher risk of further external scams. For example, small and mid-sized businesses (SMBs), who often lack a proper system of checks and balances, are especially appealing to fraudsters. In a report released in April 2018 by the Association of Certified Fraud Examiners, scams within businesses with fewer than 100 employees, led to the following:

  • Median loses of $850,000 – this was due to fraud committed by an owner or executive within the small business, further emphasizing the need for checks and balances.
  • Check and payment tampering was nearly three times more likely at a small business than a larger one (22% to 8%). Other frauds much more common at small businesses included skimming (20% vs. 8%) and payroll (13% to 5%).

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Cybersecurity Best Practices – In & Out of the Office

National Cybersecurity Awareness Month: A Year-Long Effort

October is National Cybersecurity Awareness Month – a time that is dedicated to showcasing how to stay safe online by providing insight and best practices on how to protect Personally Identifiable Information (PII), financial and sensitive proprietary data.

The need for proper cybersecurity within the workplace should be a continuous effort throughout the year. With small businesses feeling the brunt of data breach events, many of which are caused by cyberattacks or other security vulnerabilities, a proactive attitude toward cybersecurity risks in the workplace is now more important than ever.

Your employees are ultimately your first line of defense against potential data breaches, and they can make or break your overall business security. However, employees may not realize that protecting business information also means protecting their personal information, too.

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