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More Americans experienced a data breach in 2017 than ever before. The results of a study conducted by Javelin Strategy & Research show that 16.7 million Americans had their identities compromised, resulting in a loss of $16.8 billion.

The study also found that consumers are losing trust in institutions, shifting “the perceived responsibility for preventing fraud from themselves to other entities, such as their financial institution or the companies storing their data.”

One of the biggest trends the study found is that account takeover tripled over the past year. Victims pay an average of $290 out of pocket and spend 16 hours on average to resolve the situation.

How can you boost efficiency in your business?

One way is through a system called open-book management.

Open-book management is great for companies the emphasize transparency. In this system, everyone can see the company’s books. Therefore, everyone shares an interest in the workings of the business.

By seeing, tracking, and forecasting key numbers, everyone gains an understanding of what is driving the business forward—or causing it to lose steam.

More than 7 out of 10 companies in the United States have suffered a data breach over the past few years, according to Thales.

With seemingly more stories of data breaches popping up, business leaders must decide whether to adopt new technology and risk things going wrong or wait while competitors potentially get ahead.

To help businesses, Security Forum has developed its Threat Horizon 2019 report. It looks at nine threats caused by technology change that organizations may face over the next three years and how to address them.

Using a password manager is a must in today’s world where we have so many passwords, credit cards and online accounts at risk of getting hacked.  It’s also becoming no longer acceptable to only use a password manager.  A password manager should help us be proactive about our passwords and let us know if we have an account at a company (website) that has been breached.  What if the password that you used at this compromised site was also used at other sites?  How do you know or remember that?

You may be asking yourself several questions about cloud computing the more you hear about it.

After all, a RightScale survey shows enterprises are leveraging multiple clouds to do business.

There’s a lot of buzz around cloud computing, and rightfully so. Let’s take a look at the most common questions about cloud computing.

Social Engineering is a tactic used by cyber criminals to manipulate individuals to gain confidential information such as social security number, credit card number, passwords, etc.

In the cyber security world, the weakest link in the security chain are the users, which is why people are the target when it comes to social engineering. It doesn’t matter how many security measures you have in place. You can have locks on your doors, an alarm system, the latest firewalls, and network or security monitoring tools; all it takes to hack into your network is to trick a user into clicking on a malicious link they think came from a social media site.

Security Awareness training and programming is important for every industry. Security Awareness in healthcare is especially critical. The healthcare industry is responsible for the safekeeping of highly sensitive medical data. HIPAA tries to ensure that security is tight and materials are handled correctly, but that only goes so far. Any breach of a medical organization's network or data can be highly damaging to the practice in question. HIPAA violations come at a steep cost and a lost reputation is something that may never be recovered. Every organization in the healthcare industry needs Security Awareness training. This is why:

Deciding on a cloud solution can be difficult.

If you think you have a choice on whether you’ll be migrating to the cloud, think again.

Enterprise cloud adoption has doubled in the past two years. Roughly half of respondents to a cloud business intelligence survey said they were using cloud BI. Additionally, fewer respondents said they had no plans to use these services. The 2018 survey showed the most significant rise in adoption levels in the seven years this survey has been conducted.

Cloud adoption is all but inevitable.

This begs the question: which cloud solution is best for my business?

As the number of mobile phone users in the world is expected to pass the five billion mark by 2019, manufacturers are continually looking for ways to enhance smartphone usage. Even with larger devices, smartphones, and tablet computers for that matter, are often used for content consumption rather than content creation. I suspect that many of us struggle with accurately creating long or detailed documents or emails on our smartphones. The concept of “docking” your smartphone like you would a laptop computer has been around for some time. As more mobility features have been introduced into computing over the last few years the options are better than ever to turn your smartphone into a true desktop PC experience.

It can be difficult to manage and run a large business, especially if you’re doing it mostly alone. Even if you have a partner, there’s no guarantee that you will be able to protect your business from everything. With the recent rise of phishing scams, security breaches, and account hacking, who is to say your business is not the next target?