Small Business Cybersecurity news and trends

What SMBs Risk When They let Supply Chain Threats Linger
B2B Payments // July 24, 2020

Procurement teams have a lot on their plate. On top of acting as a key component of their enterprises’ broader payments and workflow digitization strategies, procurement departments are also central to optimizing spend and strengthening supplier relationships. Today, they’re managing this workload in a remote...

How Big Tech Brands Make Businesses An Even Bigger Phishing Target
B2B Payments // February 11, 2020

New data was released this week with an urgent, albeit not necessarily unexpected, message: ransomware and other phishing attacks continue to dramatically spike, with more frequent and more expensive attacks hitting businesses and government entities of all sizes. The New York Times reported Sunday (Feb. 9)...

SMBs Severely Underestimate Data Breach Costs
B2B Payments // September 23, 2019

It’s National Cyber Security Awareness Month, and industry leaders are zeroing in on some of the most vulnerable targets of cyber scams: small businesses. Stronger passwords. Paying closer attention to suspicious emails. Using public Wi-Fi with caution and safeguarding mobile apps. They’re just a few...

FBI, Banks Go Global With Cybercrime-Fighting Tactics
B2B Payments // May 21, 2019

The U.S. Federal Bureau of Investigation (FBI) last week announced charges against 11 alleged members of a cybercriminal ring targeting small businesses. Reports in Krebs on Security said the FBI is charging 11 individuals said to be a part of the GozNym malware network, which...