CYBERSECURITY BILL Small businesses would get more information from the government about internet security under a bill that has passed the U.S. House. The Improving Small Business Cyber Security Act of 2016, which now goes to the Senate, calls on the Small Business Administration and Department of Homeland Security to create a strategy to increase…
Get Started: Small Businesses at Risk for Cyberattacks
Small businesses’ inability or failure to deal with their vulnerability to cyber criminals puts them increasingly at risk for online attacks, witnesses told a congressional hearing last week. Part of the problem is innocence or ignorance, and part is small businesses’ overall lack of financial and other resources, the witnesses said. Fewer small and mid-sized…
Chip Cards? Small Business Owners Unaware of Planned Changes
A majority of small-businesses owners are unaware of an impending shift that could leave them liable for fraud committed with a new generation of chip-imbedded credit cards. That’s the finding of a survey by Wells Fargo & Co., which asked 600 small-business owners about the Oct. 1 deadline to get card readers and software to…