How could a tech firm have such poor security to allow itself to be hacked? Moreover, how could a high tech company lose nearly $50 million? That’s exactly what happened to an American business in the late spring of 2015. Read on to learn how this happened, and how your business could be vulnerable, too.
Stock markets, regardless of where they’re located, tend to be the target of unscrupulous agents who illegally take advantage of speculation to line their pockets with ill-gotten gains. When the internet took over as a means of business communication, hackers started targeting companies more frequently to gain inside information that allows them to short sell and manipulate stocks in other
The internet has provided hackers with a variety of innovative new ways to commit fraud. One of the latest reports from the New York Times revealed that a recent trading scam focusing on stolen press releases led to the perpetrators earning $1 million in illicit funds through a single stolen press release. The fact that a single press release would lead
Warnings about the need to maintain solid internet security continue to go unheeded by far too many businesses. In addition to high profile hacks such as the ones perpetrated against Ashley Madison and Sony Entertainment, thousands of smaller hacks go unnoticed everyday, victimizing smaller businesses that can’t afford to take a hit to their bottom line.
Ashley Madison built a wildly successful business catering to those who seek morally-questionable relationships outside of their committed marriage. When reports surfaced of a massive hack that resulted in a large amount of confidential data stolen from users, the 24-hour news cycle ran with the story, broadcasting the latest in a series of embarrassing, high-profile hacks that have caused chaos for companies like Target
Smartwatches promise to usher in a new era of wearable technology that integrates into the day-to-day lives of people around the world. Similar to the rise of the smartphone, smartwatch manufacturers and software developers plan to make the devices an indispensable part of your routine. The smartwatch isn’t really a watch at all – it’s a tiny computer. Just like a
As mobile electronic devices become more affordable and high-speed networks more available, an increasing number of employees are working from almost anywhere. The boost to productivity is good news for companies. But there is a downside. Many of those people are using their personal devices for company business. And that can expose your company to significant risk. Here are some