Clearmind Technology, Inc. Blog

In response to the coronavirus pandemic, many people are avoiding human contact by turning to the Internet and mobile apps. On a national scope, mobile banking alone has seen an increase of 50 percent over just the last few months. In what certainly is no coincidence, the Federal Bureau of Investigation recently put out a warning that identified banking apps as likely targets for hackers.

More people than ever are utilizing the conveniences of the Internet and mobile apps to avoid unnecessary human contact during the coronavirus pandemic. In fact, mobile banking alone has increased by 50 percent over the last few months, nationwide. In a recent PSA, the FBI warned that hackers are likely to be targeting mobile banking apps.

If you have a computer, it has data on it that you’ve stored. Whether it’s the novel you’ve been working on in your spare time or pictures from your kid’s sixth grade graduation on your home PC, or the databases and applications that your business’ infrastructure supports, all of this data is generally stored in exactly the same way. Whatever your case, you should know that your data is terrifyingly fragile - far too fragile to ever be kept in just one place. Let’s dive deeper.

The days of the cash-only business are over. It doesn’t matter if your business is a multinational corporation or you cut grass for a living, accepting payment cards is not only convenient for your customers, most of the time it’s the most secure way to get paid. In an effort to protect the personal and financial information of consumers who have come to depend on their payment cards, the banks that back the credit card industry have developed a regulation that businesses who process cards need to adhere to. Today, we will go over this regulation and how it affects small and medium-sized businesses

As much as a business relies on its technology, it relies just as much upon its employees to properly put that technology to use. Unfortunately, this can very easily expose the business to various threats that involve their employees. Understanding these insider threats is crucial for a business, especially given how current events may tempt those who would never have considered them otherwise.

It seems as though every business is depending more and more on their IT. This means that their employees have more exposure to their IT systems. Unfortunately, that relationship is where the majority of the problems you will have are. The facts are that any business that has built a strong security policy has the solutions in place to keep direct infiltration from happening. Hackers have to find another way.

Data security isn’t a matter to be taken lightly, as too many businesses have found out the hard way. Unfortunately, there are far too many simple ways to correct common security issues - enough that it’s foolish not to do so. We’ll review a few ways to fix security issues, after discussing one of, if not the, most egregious security failings in modern history.

The password isn’t nearly as secure as it used to be. Hackers have begun to take advantage of extremely powerful solutions designed to brute force their way into accounts by using software to rapidly guessing thousands of passwords per second, making it extraordinarily difficult to prepare yourself for them.

What’s the best way to guarantee that passwords aren’t going to be the downfall of your company? A great start is by taking a close look at password best practices and two-factor authentication.

The late American author Kurt Vonnegut once wrote, “New knowledge is the most valuable commodity on earth. The more truth we have to work with, the richer we become.” Written in the 20th century, it has been put in practice by 21st century businesses. As the Internet has grown, the amount of companies expanded, and the amount of data that those companies collect has grown exponentially, especially now that there is a market for such data.