Why Your Business Requires Security

The States and Federal Identity Theft and Privacy Protection Laws now require businesses, agencies and organizations of all sizes to protect all personal information they store, and report to all their customers whenever a breach occurs. The financial ramifications after having a data breach can be very substantial to both present and future business. In some many cases a company never does recover from a breach and is forced to close down. Currently, the average cost on a company is $3.7M per incident.

Archive for Computer & Network Security

May
08

Data Breach Cost Heartland Millions

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Heartland Payment Systems security breach contributed reported Q1 earnings revealing a $2.5 million loss where the data breach accounted for $12.6 million. A large fine levied by MasterCard accounted for most of these costs. CEO Bob Carr said the company’s work to address post-breach fallout was a costly diversion and they are implenting a costly end-to-end encryption system to help prevent future breaches.  Click here to read the entire article from Associated Press.

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Apr
24

Passwords Don’t Have To Threaten Business Security

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The emergence of the World Wide Web as a global, around the clock marketplace has opened a multitude of new opportunities to businesses which have never before been seen. Computers and global communication networks have brought vendors, customers and markets together in new and beneficial ways. Along with all of the benefits which business has gained from the information age come some downsides. New crimes have not been created by new technology, but rather new technology has given new tools to criminals to commit the same crimes as they always have. The difference is that criminals now have a global reach, just as businesses do. In the U.S. at least, the responsibility for protecting consumers from having their personal information pilfered is placed upon businesses.

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Apr
22

Cutting Information Security in Hard Times is Dangerous

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Although some analysts actually expect security spending to rise this year — at least as a percentage of total IT spending — some CIOs are giving serious thought to the once-unthinkable idea of trimming security budgets as businesses look to cut costs during this global recession. Before you start trimming here are five points to consider.

The risk of cutting security is that a security breach can be disastrous. The Ponemon Institute pegs the average cost of a data breach at $6.7 million.

When implementing a security solution, here are five areas to consider before investing:

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Apr
20

Shameless Pitch for Password Security

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I am posting our video pitch for Power LogOn. While you might think I am only self promoting I actually what viewers to understand why password management is so important, and what better person to make the case they a pretty woman.

Power LogOn Video

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Apr
17

Employees Cause Data Security Breaches – Not Malware

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When business owners look around their office and see how sensitive documents are handled it is no wonder that the weakest security link is the employee. But it is not always the employee’s fault since they have never been trained or given the security tools to protect data.

A Symantec report says that most breaches at small to midsize businesses are caused by people, not malware. Click here to read the entire article.

Look at all the four vulnerability point: Building – Employee – PC – Network and start implementing training, policies and solutions that are inexpensive and work.

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