Browsing Tag

Data Breach

11 posts
cyber insurance
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What is Cyber Insurance, and Does My Startup Need It?

Startups typically rely on innovative ideas and technologies to disrupt and revolutionize their respective industries. However advantageous, this reliance on technology also has its drawbacks. Most startups can expect to have severe exposure to cybercrime and unintentional data breaches at some point. If you store, manage and use your clients’ personal information, your company could...
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5 Things Startups Need to Know About Cybersecurity

Entrepreneurs can prevent malicious actors from undermining their vision by developing a security-first mentality. Cybersecurity is important for all businesses, large and small. Entrepreneurs who understand cyber threats can avoid compromises that disrupt business and erode trust with both clients and consumers. Today, it's nearly impossible to compete on a significant scale without technology. However, that doesn't mean you have to...
data breach
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The Real Cost of an Untimely Data Breach (and How Your Startup Can Protect Itself)

We live in a day and age when companies big and small are increasingly connected to the internet. While this has streamlined many aspects of starting and running a business, the increased connectivity has also introduced new challenges.  Hacking and data breaches pose a significant threat to businesses, especially with the increased usage of smartphones...
cloud storage
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The Beginner’s Guide: Cloud Storage Tips for Entrepreneurs

Small businesses and startups alike are increasingly moving to the cloud for data storage and work processes. But what exactly is this cloud that you've been hearing so much about? The "cloud" is just a metaphor for the internet and refers to anything web-based. Simply put, cloud storage is the storage of data online, so...
cyber insurance
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Why Your Startup Should Implement Cyber Insurance

Kaspersky Labs, an antivirus software and Internet service provider company, found that the average data breach can set small businesses back $120,000 in recovery costs. Considering how much more integrated technology and business are becoming, it's imperative that IT security be worked into your startup’s budget. Think a breach won't happen to you? Think again....
cybersecurity
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Don’t Be Fooled: Why Startups Aren’t Immune to Cybersecurity Attacks

It seems like there has been an onslaught of high-profile data breaches and cybercrimes reported in the media over the last year. Breaches across the U.S. and Europe have been retold and retweeted, and lax security standards of large corporations exposed for the world to read about. The reports have left businesses, both large and...
GDPR
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General Data Protection Regulation (GDPR): What Happens Next?

Over the last couple of years, many business owners have nervously anticipated the introduction of the General Data Protection Regulation (GDPR). Now that it’s being put in place, what next? What happens to the business landscape for big and small organizations alike? When it comes to this question, there are two main camps: those who...
cybersecurity
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4 Cybersecurity Tips for Your Startup

Cybersecurity received plenty of press in 2017, but look for it to receive even more focus in the coming months. Now is the time to make any necessary changes in regard to how you’ll protect your business over the next year. Examining the present state of cybersecurity Cybersecurity wasn’t a strong point within the startup...
cyber liability
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Protect Your Business from the Emerging Risk of Cyber Liability

Cyber liability insurance is a relatively new product in the insurance marketplace. While its prevalence is rapidly expanding into a multi-billion dollar segment, most small business owners seem unconcerned with this liability exposure. Cyber liability insurance doesn’t usually cost an arm and a leg, but the costs associated with a breach can. For this reason, it’s a...
credit card processing
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Credit Card Processing: 17 Terms You Need to Know

If you are new to the world of credit card processing, you might not know key industry terms. As the CEO of International Bancard, a premier payment acceptance solutions provider, I am an industry expert and can tell you some of the key credit card processing terms you will need to know when talking to a...