Hackers can strike any institution at any time. While banks and investment firms have state of the art cyber security, they’re also huge targets. Hackers constantly poke and prod these institutions, searching for a weakness. Don’t leave yourself unprotected.
With the ample amount of knowledge product reviews and customer testimonials provide to shoppers online, consumers are increasingly conducting research on the web before committing to a purchase. A 2016 report by Nielsen research company found more than 50 percent of people who shopped in travel, consumer electronics and beauty and personal care categories looked […]
Data breaches can be expensive. Yahoo is the latest company to feel the fallout from a data breach. After two record-sized breaches affecting a total of 1.5 billion customer accounts, the search engine company is now facing not only a class-action international lawsuit, but also the prospect of Verizon pulling out of a $4.8 billion […]
Anyone can become a victim of identity theft. 7 out of every 100 Americans over the age of 16 have their identity stolen at least once each year; this number’s consistency throughout recent years suggests that everyone should take steps to protect themselves from identity theft. However, there are numerous ways to protect yourself from […]
As a female startup founder, there are gender biases and inequalities, in the corporate environment, which you must navigate. Gender bias is especially apparent when women seek to gain venture capital for their startups. The male-dominated venture capital industry is a hurdle that female founders can overcome with strategic financing maneuvers.
Small businesses, especially unprofitable business, seldom get targeted for business espionage and social engineering. It is the successful ones that are at the highest risk. The moment that you begin expanding your business, you place yourself in the crosshairs of digital thieves as well as increasing the damage from making mistakes based on misinformation.
According to IBM’s Cost of Data Breach Study for 2016, the average consolidated cost of a data breach has grown from $3.8 million to $4 million. The study also predicts a 26-percent likelihood of a material breach involving 10,000 lost or stolen records in the next 24 hours.
The risk of a data breach, as well as the ensuing costs, continue to climb worldwide, putting not just multibillion dollar companies at risk, but also the costumers they serve. The Ponemon Institute’s 2016 Cost of Data Breach Study: Global Analysis found the average total cost of a data breach increased to $4 million from […]
Despite increased awareness of the risks of data breaches and identity theft, online security is more vulnerable than ever. Statistics from the Identity Theft Resource Center show 2016 as a record-setting year in data breaches, with 980 breaches and more than 35 million records compromised. Furthermore, the latest report on identity theft from the Bureau […]
The IRS projected that tax fraud would rise from $6.5 billion in 2013 to an anticipated $21 billion in 2016. Fortunately, proactive cooperation between government agencies, tax preparation companies and tax software providers helped reduce the level of fraud, cutting the number of identity fraud victims in half from 512,278 over the first nine months […]