Shock, anger and disbelief are all victims' reactions to bank fraud. Although you need to always be on alert, International Fraud Awareness Week (November 15-21) serves as a good reminder of just how damaging these crimes can be. Companies lose an estimated 5% of their revenue annually due to fraud as reported in the 2016 ACFE Report to the Nations.
If your small or medium sized business is struggling with new or existing technology systems, you're probably asking yourself: what is managed IT services? For the last 40 years, Connections for Business has been helping companies implement and maintain high functioning, superior IT infrastructures in a cost effective manner.
Having cyber liability insurance is arguably one of the most important things you can do for your business. Like death and taxes, data breaches are a fact of life now. It's no longer if it happens, but rather when it happens: How will your small or midsized business be ready to manage all of the risks and the costs?
I recently met with my insurance agent, Steve Breitbart from Cypress Insurance Group. Steve handles all my property and casualty (P&C) insurance. We met to look at some new quotes for my P&C coverage. Boring stuff to me, but Steve makes it easy to discuss and decide on a course of action.
You’re on your way home from work one day, when someone from your office calls you saying they can’t get into the files for that important project due tomorrow. As soon as you get home, you connect to your system, and sure enough, none of the documents open. They have been corrupted. Then it hits you: This is Ransomware! Oh no, you've been exposed to data loss!
