Archive for cybersecurity SmartBlogs
Small businesses face a number of challenges, with security at the top of the list. Yet many small-business owners don’t even realize the substantial risk they face while banking online. Let’s take a look at some of the bone-chilling events happening in the small-business payments world today — cyberattacks that can devastate your business.
- Experi-Metal lost $550,000 through phishing attacks
- Sanford School District lost $117,000 to bogus payroll disbursements
- Hillary Machinery lost $800,000 through ACH and wire transfers
The list goes on.[…] Continue Reading »
News and analyses worth a read this weekend …
A former software engineer wrote in The New York Times about how algorithmic-trading firms could learn a thing or two from credit card companies about merging human intelligence with artificial intelligence to avoid the next Knight Capital Group debacle.
Gillian Tett wrote in the Financial Times about the ebb and flow of financiers demanding this thing silly thing called “collateral” to conduct transactions.[…] Continue Reading »
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