5 Online Business Banking Best Practices

5 Online Business Banking Best Practices

Online banking has been ubiquitous for some time—and cybersecurity attacks that target business’ banking information are just as common. Stories of companies large and small that have had their banking data and accounts compromised date back to the beginning of online banking. Are you taking all the necessary steps to protect your company’s banking assets?

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Are You Liable for a Vendor Data Breach?

Are You Liable for a Vendor Data Breach?

According to the 2017 Ponemon Cost of Data Breach Study, the average global cost of a data breach is $3.62 million, and the average cost for each record lost or stolen with sensitive data is $141. The study also found that the size and number of breaches is increasing. And, not surprisingly, many of these incidents, approximately 63%, are the result of third-party vendor breaches. So where does responsibility lie for a vendor-caused data breach that affects your business?

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