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.
Feb
07

Reg Flags are Coming! Red Flags are Coming!

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Enforcement of the “Red Flag Rules” starts May, 1st 2009. The Red Flag Rules specifies that “financial institutions and creditors” protect an individual’s personal information from identity theft by raising a “red flag”. The companies must establish policies and procedures to recognize, detect, and respond to an identity theft attack. However, the scope of who has to comply may be larger than originally thought. Read More→

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Feb
01

Security Talk #9 – Privacy Laws

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Sandy Ingrim, CEO of SmallBizPrivacy (www.smallbizprivacy.com):
Sandy discusses some of the more common employee security flaws and what the new privacy protection laws mean. This interview is intended for all business owners and executives who need to understand some basic security principles to create policies and procedures for their company. valid-rss

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Jan
29

IP Theft is on the Rise

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Much has been made on the cost of identity theft on companies, and rightfully so. But what are the costs on a company if their intellectual property (IP) is stolen. In a study performed by Purdue’s Krannert School of Management (funded by McAfee, security software firm) in 2008 the lost or stolen intellectual property cost about $4.6 million per company.

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Jan
21

2008 Data Breach Analysis – By Industry

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When reviewing the 2008 Privacy Rights Clearinghouse’s data breach statistics we also broke down the attacks by the industry: Business, Education, Government and Medical. Within each of these industry we also analysed the number of reported breaches, number of potential victims reported and the number of breaches where the number of victims were unknown: Read More→

Categories : Security Stats
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Jan
14

Network Security Doesn’t Have To Be A Burden

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Whenever I log onto my computer, visit a subscriber web sites or check my emails I always get the screen “Please enter your User Name and Password”.  To manage this authentication barrage I might use the same logon information for all my sites, make the passwords simply to remember and keep the same password for years. Now my company’s IT department has decided to increase security by making me change my logon password every 60 days, make it more than 8 characters long and it has to contain both numeric or special characters. Security is a necessary burden. But, does security really need to be a burden?

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