0,000 $ $ $
ure Banking is a ponsibility Too
Figures from the US show small and medium-sized businesses have lost hundreds of millions of dollars in recent years to such activity, known as fraudulent ACH (Automated Clearing House) transfers- a trend which is now being seen with increasing regularity in the UK.
“Today we operate in an information dependent economy where the intrinsic value of data has risen above and beyond that of perhaps even money itself. Data is voice and communications, data underpins business assets and transactions -- and essentially, data is money. If the recent Zeus-related hacking episode in Maine, USA teaches us anything, it is that
a deeply embedded business- grade anti virus suite should be a fundamental requirement for businesses
of all types, from
start-up businesses to banks and other
commercial operations alike. While the bank in this case did eventually catch up with the hack that was carried out, a more automated and precision engineered anti malware layer would generally have caught the perpetrators ‘in the act’ at a far earlier stage within the business, preventing the cybercriminals getting their hands on the businesses bank details. AVG recommends that no business trades without business level anti virus and anti malware provisioning at any time,” said Robert Gorby, global head of small business propositions at AVG.
UK-based industry surveys continue to suggest that as many as one in seven small businesses still do not have any IT security solutions. Those that do take some precaution are often still caught short, as many businesses simply renew their security solutions without checking that the products they are buying protect against the latest threats.
The danger is that all too often small business owners assume they are too small to attract the attention of hackers. The opposite is unfortunately often true with at least one in four small businesses already having experienced a security breach.
The truth in fact is that the threats facing businesses are so much more varied and sophisticated than simple traditional viruses, and it’s not just big name multi- national businesses that are the targets.
09 entrepreneurcountry
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