Category Archives: Business ROI

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Data Breaches Keep Happening. So Why Don’t You Do Something?

Experts caution that the stream of news about such breaches can set a new normal and instill a sense of fatalism — and complacency — in consumers.

Anthony Vance, an associate professor and director of the Center for Cybersecurity at the Fox School of Business at Temple University, said last year’s breach of information held by the credit reporting company Equifax, which affected 145 million Americans, was “a game-changer.”

The information gleaned could be used to fraudulently open new credit accounts, he said, adding, “That should give even the most jaded American consumer pause and prompt them to do something.”

But evidence suggests that high-profile breaches don’t typically change consumers’ behavior.

NYTimes.com  click the link to read the rest of the story.

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Platforms Are Making You Vulnerable

It’s been over a week since Facebook announced that, thanks to a coding vulnerability, access tokens for at least 50 million* accounts were stolen. Access tokens are important. As Facebook explained in its blog detailing the hack, they are “the equivalent of digital keys that keep people logged in to Facebook so they don’t need to re-enter their password every time they use the app.”

The hack also impacted Facebook’s Single Sign-On, which lets people use one account to log into other sites, meaning the impact of the breach is perhaps wider than even Facebook initially reported. Still, at the moment, there’s no way to know how big of a problem it is, or will be. Nor do we know who did it. We’re in the dark for one simple reason: Facebook has said next to nothing about what it knows — or if it knows much at all.  Ad-driven platforms tend to succeed thanks to one thing: our vulnerability.

Medium.com  click the link to read the rest of the story.

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Get ready for Dell’s – 2018 Black Friday Deals

$120 Inspiron laptop, $500 gaming desktop, and more.  The PC manufacturer offers its usual range of deals on laptops and desktops, though many are of the limited-time “doorbuster” variety.  The biggest doorbuster will no doubt be the Inspiron 11 3000 laptop, which will sell for just $119.99.

zdnet.com  click the link to read the rest of the story.

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Why ransomware costs small businesses big money

About 22% of businesses with less than 1,000 employees that experienced a ransomware attack in the last year had to stop business operations immediately. About 15% lost revenue.

On average, small companies lost over $100,000 per ransomware incident due to downtime. For one in six organizations, these attacks caused 25 hours or more of downtime.

cnn.com  click the link to read the rest of the story.

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The Ultimate Guide to Get Started on Your Business Idea

Business ideas are great. They make us feel like we are onto something.

Something big.

Our adrenaline spikes and we want to get started right away.

But what does “getting started” even mean? Printing your business card? Making a website? Hiring a co-founder? Incorporate the business?

Not exactly.

Here are the exact steps you should take to refine and validate your idea before you do any of these things!

entrepreneurshandbook.co  click the link to read the rest of the story.

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Epson Tricked Its Customers With a Dangerous Fake Update

Back in 2016, printing giant HP sent a deceitful, malicious update to millions of OfficeJet and OfficeJet Pro printers that disguised itself as a “security update.” Users who trusted HP and applied the update discovered to their chagrin that the update didn’t improve their printers’ security: rather, the updated printers had acquired the ability to reject cheaper ink, forcing the printer owners to throw away their third-party and refilled ink cartridges and buy new ones.  Now, Epson has followed suit: in late 2016 or early 2017, Epson started sending deceptive updates to many of its printers. Just like HP, Epson disguised these updates as routine software improvements, when really they were poison pills, designed to downgrade printers so they could only work with Epson’s expensive ink systems.

eff.org click the link to read the rest of the story.

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Small business servers: Why and how you can say ‘no’ to the cloud

Even in this cloud-centric world, there remain good reasons to own and run a physical server out of your office (or even home). Which server? That depends entirely on what you’ll be using it for.

ZDnet.com click the link to read the rest of the story.

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4 Reasons It’s Time to Outsource Your Finance Department

Most people don’t become entrepreneurs because they like accounting, but you don’t want to be one of the many failings to accurately keep track of numbers. An experienced outsider with knowledge of your industry will be able to identify areas of your business model that are ripe for improvement. According to a 2016 survey by Deloitte, more than a third of companies are planning to take advantage of this by outsourcing more of their financial activities.

Paro.io, a vetted network of CFOs and financial analysts, says that outsourced financial analysts “are willing to explain things to you and can discuss complex financial concepts and metrics in a way that makes sense to a non finance person. The models they’ve built provide you with insightful information about your business and help to frame and answer questions you have.”

Inc.com click the link to read the rest of the story.

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Infrastructure On Demand Is Giving Small Businesses An Edge

Infrastructure as a Service (IaaS) is addressing the needs of small businesses through access, storage and security while changing the way small businesses store data.

inc.com click the link to read the rest of the story.

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10 best practices to keep your IT project under budget

The team doing the work, not just managing the work, should be the author and owner of the project budget, said Meghan Glasgow, a senior manager at Deloitte Digital. “You want to be sure budgets are done by the workers, not to the workers,” Glasgow said.

TechRepublic  Click the link to read the rest of the story.

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How We Automated Our Hiring Process in 3 Hours

This system was and is completely flexible and applicable to any business. You can add, remove, or even shift around any phase of the hiring process and you’ll be able to take candidate through a hiring, on-boarding, and training process…

Medium Click the link to read the rest of the story.

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How and when to hire your first full-time employee?

AN OFFICE IS NOT NECESSARY...

I always check for two things after I hire. One is ambition and the other is humility. We also ensure that we treat our part-time folks just the way we treat full-time employees. Also, before we hire someone full-time, we generally work on projects together.” …

 

Diksha Dutta Click the link to read the rest of the story.

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Business Owners Need to Know Their Tech

Could this change the way you use technology?

The best, most thoughtful tech creators engage deeply and sincerely with the communities that they want to help, to ensure they address actual needs rather than indiscriminately “disrupting” the way established systems work. …

Anil Dash Click the link to read the rest of the story.

Do you need to be more involved in your tech decisions?

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