Keeping the Holidays Free from Fraud: Tips for Your Business

Small Business Owner working during the holidays

Soaring sales during the holiday season can give your small business the boost it needs to end the year on a high note. Unfortunately, scammers and fraudsters are eager to grab their share of your profits. According to the 2019 American Express Digital Payments Survey, almost 30% of the sales ended up as fraudulent transactions and 69% of U.S. merchants are spending significant company time and expense resolving payment fraud.

Don’t let these thieves turn an otherwise prosperous holiday sales season into a nightmare. Follow these simple steps to protect your small business this holiday season. Continue reading

Facebook Exposes 267 Million User Credentials, Wawa Payment Systems Breached

What Happened?

On December 19, 2019, Facebook came under fire once again, when over 267 million records belonging to the social site were found on an unsecured webpage. This is at least the third time in 2019 that Facebook has been in the news for leaving its users’ data unprotected. The exposed database disclosed names, Facebook IDs, and phone numbers of Facebook users, and was available to cybercriminals for two weeks or more. Continue reading

Lessons Learned From Data Breaches in 2017

Same Problem, Different Landscape

Reading about data breaches on paper never does the concept justice. Hearing that data breaches in 2017 were – and continue to be – “big problems” for all types of organizations can desensitize us to the true implications of a data breach event. 

The inevitability of data breaches can leave companies feeling defeated, and the monetary losses tied to these security incidents only adds to the damages. Throw in the thought of unhappy complaints from customers or clients about protecting their sensitive information, dealing with the legal consequences and hits to your business’ public reputation – and you’ve got yourself a perfect data breach storm.

The truth is that a data breach will impact more than just the business itself. It affects customers, clients, employees and vendors too. Let’s review some of the data breaches that occurred in 2017, see what we can learn from the mistakes that were made and improve overall data breach prevention and response in the new year. Continue reading

Our Digital World: 2018 Identity Security Resolutions

Identity Security: A Holistic Approach

As we move forward into the new year, we look back on 2017 to see how fraud and identity theft have impacted us, and what we can do to start 2018 on the right foot. Fraudsters have turned to email scams, spoofed websites, fake messages and malicious software to facilitate a number of identity crimes.

Today’s world of digital identity crime requires us to look at identity security in three parts: a focus on cybersecurity, financial awareness and identity protection to effectively secure your most valued asset – your identity. Let’s look at a few 2018 Identity Security Resolutions to see how we can improve our overall identity security in the coming new year. Continue reading