What are the true costs of a data breach? On the one hand, there are monetary damages: the estimated average cost per breach in the US is $7.9 million. Coupled with potential fines for negligence plus legal fees, and suddenly it’s no surprise that around 60% of small businesses will go out of business within 6 months after a significant breach and around 43% of all cyberattacks target small businesses because of presumed vulnerabilities. On the other hand, there are the less tangible costs of a cyberattack, such as organizational integrity and customer trust. Whether it’s your fault or not, a data breach will compromise the public’s perception of your business, although the extent of it will really depend on the actions you take immediately following the breach.(more…)
Nearly every reputable retail business and restaurant operates using a Point of Sale (POS) system. In fact, you would be hard-pressed to find a brick-and-mortar store that DOESN’T have one these days. A good POS system keeps accurate records of cash flow, simplifies communication, and reinforces cyber security measures. Let’s take a closer look at the reasons why your restaurant needs a quality POS system as soon as possible.(more…)
What Is Data Breach?
Data breach is the exposure of sensitive customer information due to hacking, theft or the accidental release of data. Business owners are expected to exercise discretion and due diligence to protect their customers’ data from a breach.
Imagine you just received a call informing you that your business and customer records have been compromised. What do you do?(more…)
Don’t fall into this trap. If your passwords are common and easy for you to remember, they’re likely to be easy for hackers as well. Use these password tips to keep your data secure. (more…)
Have you written passwords down on something and then put that something where you can always find it at your desk? Is it stuck under your keyboard? Is it in an unlocked desk drawer? Or simply stuck to your monitor? I hate to let these secret spots out of the bag, but unfortunately everyone knows that people “hide” passwords in these areas.
Many of us deal with confidential information on a daily basis – whether it is our own personal data or a customer’s. It is important that this information be kept secure. One of the cornerstones of protection is keeping login credentials and passwords safe and private. (more…)
It’s manageable if you only have one or two passwords to recall but as technology now touches most aspects of our life, many of us need to keep track of login information for several accounts. We walk a fine line of making sure our passwords are difficult enough so that they can’t be hacked, yet easy enough so that they don’t have to be written down on a sticky note at our desk. (more…)
However, one detail—just how easy it is to access these electronic records—has jeopardized the security of private medical information for millions of patients. (more…)