The Cost of a Breach

What Happens When a Company Experiences a Data Breach?

If you are a business owner, you do not want to find out firsthand what happens when you experience a data breach. When your company is the victim of a data breach, it can be both frustrating and terrifying. A data breach puts financial records and personal information in jeopardy which can lead to identity theft and even leave you drowning in fraudulent charges. For obvious reasons, a data breach can be very bad news to any company that experiences one. It can lead to a loss of customers and can be a huge financial hit to your organization. A data breach is something you want to avoid at all costs. But in order to avoid them, it helps to know what causes them. Why Does a Data Breach Occur? One of the most significant reasons why data breaches are so common these days is because cyber thieves are presented with…

Read Full Post

How to Secure Your Business with Two Factor Authentication

In this age of online accounting and cloud storage, it is more important than ever to make sure your business is secure against the threats of cyber crime. Two factor authentication is an integral piece in this equation. It can be a powerful tool for protecting your business’s online presence and data. Maybe you haven’t heard of this means of protecting your business or you are unsure of how it works. With this in mind, let’s take a look at how to secure your business with two factor authentication. What is Two Factor Authentication? Let’s start at the beginning by defining our terms. Two factor authentication is essentially taking an additional measure beyond the usual password in order to secure your account. In other words, your password is one factor and, let’s say, a single-use code via text message is another factor. This allows for an added level of security…

Read Full Post

The 12 Mandated PCI Compliance Policies: Is Your Organization Doing All It Can?

If you work as a merchant in the payment card industry (PCI) pipeline, then you know that dealing with PCI compliance is a challenge. Sorting through the many rules and regulations is time-consuming and painstaking work; however, the time spent is worth it when you realize that PCI compliance helps provide shelter for you in case there is a breach. We studied the 12 mandated PCI compliance policies and have come up with a few tips for coping with this issue. Let’s start with the basics. PCI DSS Payment Card Industry Data Security Standards (PCI DSS) comprises the globally accepted policies and procedures of the payment card industry. The Payment Card Industry Security Standards Council developed and maintains these standards. The payment card industry and all merchants, retailers and other organizations of any size that accept payment by credit cards and process, store, or transmit cardholder financial information or authentication…

Read Full Post