Technology Unwrapped

The most important technology concepts, strategies and actions uncovered for your business.

BEC fraud: The threat you can't afford to ignore

Brooke Nielsen
Business E-mail Compromise (BEC), commonly known as “CEO fraud,” is a rapidly increasing concern affecting companies’ financial and data security today. What exactly is BEC? It has been defined as a scam that targets businesses working with foreign suppliers and/or businesses that regularly use wire transfer payments. Scammers skillfully gain access to and impersonate company executives, attorneys, or suppliers through e-mails to fraudulently authorize the transfer of company funds. Payments ...
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Topics: Staff Training, Security Threats, Data Breach

The increasing cost of a data breach

Tom Montgomery
We hear about hacking and compromised information at large organizations, yet what is the impact to small and midsize businesses (SMBs)? The article below provides insight on the impact a data breach may have on a business. In addition to citing the increasing costs of data breaches, there are a number of other factors listed which SMBs need to consider the impact of as well.
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Topics: Security Threats, Data Breach