Hacking risks grow for small businesses as attacks rise
The story notes that small firms face intrusions just as large banks and retailers do, with costs from attacks reaching thousands or millions. It cites a 2013 NSBA survey showing 44 percent of small businesses affected and average costs of 8700 dollars, along with examples from JPMorgan Chase Target Michaels Neiman Marcus and Home Depot. It quotes experts on notification duties and legal liability and warns owners overlook security due to limited time and money.
MENTIONED IN THIS ARTICLE
New York
Jpmorgan Chase
Target
Home Depot
National Small Business Association
Tips to Prevent Hacking and Shore Up Defenses
Businesses can reduce risk by hiring computer security consultants to audit systems and suggest protections. Insurance, antivirus software, firewalls, secure email providers, and separate payment processing help prevent data theft. A fraud-filtering service can reduce exposure to fraudulent credit card transactions.
MENTIONED IN THIS ARTICLE
Joe Caruso
Global Digital Forensics
New York
Caruso
Jason Opdyke
Berkeley
Calif
BearExtender
Supreme Court considers pay for time in security lines at Amazon warehouses
Justices questioned whether employees must be paid for post shift security checks at Integrity Staffing Solutions for Amazon warehouses. The case, Integrity Staffing Solutions v Bush, challenges if security screenings are an essential part of work or a non payable task. The Obama DOJ sides with the company while justices weigh Portal to Portal Act scope and whether the activity is indispensable to the job.
MENTIONED IN THIS ARTICLE
Washington
Amazon
Supreme Court
Nevada
Integrity Staffing Solutions, Inc
Integrity
Kelly Cheeseman
Jesse Busk
Laurie Castro
Mark Thierman
John Roberts
Amazon.com
CVS Pharmacy
Apple Inc
Integrity Staffing Solutions Inc
Bush
Antonin Scalia
Samuel Alito
Thierman
Paul Clement
Clement
U.S
Elena Kagan
Obama
Justice Department
Curtis Gannon
Labor Department
Stephen Breyer
Breyer
Wall Street Posts Best Day of 2014 After Fed Minutes
U S stocks rally with the Dow S&P 500 and Nasdaq posting their largest points and percentages of 2014. Traders cite Fed minutes showing rates to stay ultra low until the economy nears goals of full employment and 2 percent inflation.
MENTIONED IN THIS ARTICLE
Wall Street
New York
U.S
Federal Reserve
Standard & Poor
Dow
Europe
Asia
Fed
Geithner defends AIG bailout in trial testimony
Former NY Fed chief Geithner testifies in Maurice Greenberg suit that AIG’s collapse was caused by its management and risky bets. He defends the 2008 rescue that gave the government an 80 percent stake and a high interest rate, totaling nearly 185 billion dollars in aid repaid to date.
MENTIONED IN THIS ARTICLE
Washington
Timothy Geithner
U.S
American International Group Inc
Geithner
New York Federal Reserve
AIG
Fed
Treasury Department
Maurice Greenberg
Greenberg
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