As small businesses head into the fall season, it is a smart time to review financial controls and reduce the risk of wire fraud and phishing scams. Fraud attempts often increase when teams are busy, schedules change, and employees are
According to recent industry data, nearly half of all small businesses fall victim to cyberattacks every year. This means that an event occurs every seven seconds, costing businesses on average more than $250,000. Six months after an attack, 60% of
According to a report from Cisco, 70% of cyberattackers deliberately target small businesses. The threat is real and happening every day. Small businesses often underestimate their cybersecurity risks and leave their systems vulnerable to potential attacks, making cybersecurity awareness essential.
The IRS has released its annual “Dirty Dozen” list of tax scams to educate taxpayers about tax and finance fraud — especially identity theft schemes. The outreach effort reminds taxpayers, businesses and tax professionals to watch out for scams, knowing
Cyber liability insurance protects your business from any financial losses if it suffers a data breach, ransomware attack or any other type of cyberattack. This type of insurance has only become more important as a greater number of small businesses
The Delaware Department of Finance and the Division of Revenue have issued a warning about a new tax scam in which residents are receiving text messages impersonating the Division of Revenue. Recognizing fraudulent text messages and emails helps reduce the
It’s not a secret that hackers would like to get into your email so they can have access to data they can monetize. These attempts are made easier because so many people use the same passwords for all of their
During the pandemic, data breaches disproportionately affected smaller companies; they were targeted at twice the rate of larger businesses. Since the pandemic, those same smaller companies have been struggling with COVID-19 fallout ranging from supply and labor shortages to bouts
Every worker in the company has a part to play in pulling together to combat potential cyberattacks. Vigilance must extend well beyond the IT department, as employees themselves constitute a first-line defense in a firmwide effort to ward off breaches.
Artificial intelligence (AI) has made great inroads into certain sectors of the U.S. economy. However, it hasn’t reached many small to midsize businesses (SMBs) in a major way … yet. In 2021, AI analysis firm Unsupervised published a survey of