A new study reveals that small to mid-sized businesses (SMBs) are increasing vulnerable to online bank fraud. In an unstable economy, the last thing your SMB needs is to maliciously lose its precious monetary resources. That’s why, below, we’ve provided some useful tips for protecting your business from potential disaster.
At Ascensha, we talk a lot about information security because we realize it is the most important tool your business needs to prevent devastating losses that may end up ultimately costing you your company. As organizations today are considering their options for secure data storage, many business owners are presented with two possibilities — company servers or “the cloud” (effectually, someone else’s servers). While the latter may sound risky, one IT giant in particular is making a case for why your data should be stored in the cloud. Still, do you know where the best place to store your data is?
In a business world where virtually every aspect of commerce is based in some form of information technology, particularly the World Wide Web, it’s imperative for organizations to confidently navigate the Internet without fear of information compromise. Clearly, failing to adequately secure sensitive business and client information will spell disaster for your organization. So, how confident are you in your organization’s IT security?
Are you protecting your data? More specifically, are you protecting your data backups? One source reports that 30 percent of businesses do not include storage infrastructure in their corporate security policies and procedures. That means nearly one-third of the organizations you and I do business with are not practicing adequate information security. I don’t know about you, but as a consumer that number concerns me.
As wireless technology and portability of electronic devices has developed over the years, so has an entirely new set of vulnerabilities regarding information security. With more and more devices that contain sensitive information leaving company property, physical security is dramatically less effective as now those devices are more likely to be lost or stolen. In fact, more than 345 million records containing personal information have been reported compromised since 2005, and the actual number is undoubtedly much higher since only about half of the states in the U.S. are required to report such incidents (see privacyrights.org). (more…)
