Social Media Risks To Businesses

YouTube, Facebook, and Twitter have become prevalent and the risks involved for the workplace are often not taken into account.
Here are a few threats that can be overlooked:
1.  Your Friends List
“Social media” can be very helpful when making contact with customers, finding jobs,...

Read Full Story Here:
http://www.insurancefortechs.com/social-media-risks-to-businesses.html

Prevent Scammers From Figuring Out Your Social Security Number

I came across an excellent article that explains how easy it is for scammers to decode your Social Security number.  I always wondered how they did this.
Carnegie Mellon University researchers only need two pieces of information to guess SSNs in a recent study published in the Proceedings of...

Read Full Story Here:
http://www.insurancefortechs.com/prevent-scammers-from-figuring-out-your-social-security-number.html

Electronic Fraud Overtakes Traditional Theft Losses

For the first time, major international corporations are reporting higher fraud losses more from electronic theft of data than from physical stealing of assets, cash and inventory.  With 98 percent of businesses affected, China appears to have the highest level of fraud followed by Colombia...

Read Full Story Here:
http://www.insurancefortechs.com/electronic-fraud-overtakes-traditional-theft-losses.html

Funds Transfer And Computer Fraud Crime Insurance Coverages Needed

I found an excellent bulletin from Travelers Insurance that describes the financial threats posed by funds transfer fraud and computer fraud and the need for specialized Crime Insurance Coverage.  The Travelers coverage version, wrap +, includes both Electronic Funds Transfer and Computer Fraud...

Read Full Story Here:
http://www.insurancefortechs.com/funds-transfer-and-computer-fraud-crime-insurance-coverages-needed.html

Small Companies Prime Target For ACH Fraud

Online criminals are targeting small to midsized businesses according to the US Federal Bureau of Investigation.  Hackers are getting away with over $100 million in bank fraud through malicious programs know as Trojans. 
Trojans are planted into networks of target companies, stealing passwords...

Read Full Story Here:
http://www.insurancefortechs.com/small-companies-prime-target-for-ach-fraud.html

Data Floating In Cyberspace

Do you know how much of your organization’s data is getting into cyberspace? Daily vital information about your company and your employees is seeping out and probably into the wrong hands.
There are laws in place in more that 40 states that are requiring companies to notify customers if...

Read Full Story Here:
http://www.insurancefortechs.com/data-floating-in-cyberspace.html