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GUESST ESSAY: Cybercrime for hire: small businesses are the new bullseye of the Dark Web

The Last Watchdog

Small businesses make up 90% of all companies worldwide and account for half of global GDP. Related: Protecting lateral networks in SMBs Rich in sensitive data and often connected to larger supply chains, small businesses have become prime targets for attackers. For small businesses, smart prioritization is key.

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Intuit to Share Payroll Data from 1.4M Small Businesses With Equifax

Krebs on Security

million small businesses using its QuickBooks Online Payroll and Intuit Online Payroll products that their payroll information will be shared with big-three consumer credit bureau Equifax starting later this year unless customers opt out by the end of this month. Financial services giant Intuit this week informed 1.4

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The 3 biggest cybersecurity threats to small businesses

Malwarebytes

Without robust IT budgets or fully staffed cybersecurity departments, small businesses often rely on their own small stable of workers (including sole proprietors with effectively zero employees) to stay safe online. Here are the three biggest cybersecurity threats to small businesses right now.

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GUEST ESSAY: A roadmap for the finance teams at small businesses to improve cybersecurity

The Last Watchdog

If you’re a small business looking for the secret sauce to cybersecurity, the secret is out: start with a cybersecurity policy and make the commitment to security a business-wide priority. Related: SMBs too often pay ransom Small businesses, including nonprofit organizations, are not immune to cyberattacks.

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Hacked Data Broker Accounts Fueled Phony COVID Loans, Unemployment Claims

Krebs on Security

A group of thieves thought to be responsible for collecting millions in fraudulent small business loans and unemployment insurance benefits from COVID-19 economic relief efforts gathered personal data on people and businesses they were impersonating by leveraging several compromised accounts at a little-known U.S.

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Is Your Small Business Safe Against Cyber Attacks?

CyberSecurity Insiders

Just because you are running a small business doesn’t mean you are out of the reach of cybercriminals and hackers. In fact, small businesses are more susceptible to security breaches and cyberattacks because most often they dont expect the attack, thus are unprepared to handle the situation. Upgrade your IT set up.

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Report: Big U.S. Banks Are Stiffing Account Takeover Victims

Krebs on Security

consumers have their online bank accounts hijacked and plundered by hackers, U.S. But new data released this week suggests that for some of the nation’s largest banks, reimbursing account takeover victims has become more the exception than the rule. In the case of Zelle scams, the answer is yes. ” UNAUTHORIZED FRAUD.

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