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Intuit to Share Payroll Data from 1.4M Small Businesses With Equifax

Krebs on Security

million small businesses using its QuickBooks Online Payroll and Intuit Online Payroll products that their payroll information will be shared with big-three consumer credit bureau Equifax starting later this year unless customers opt out by the end of this month. Financial services giant Intuit this week informed 1.4

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GUEST ESSAY: A roadmap for the finance teams at small businesses to improve cybersecurity

The Last Watchdog

If you’re a small business looking for the secret sauce to cybersecurity, the secret is out: start with a cybersecurity policy and make the commitment to security a business-wide priority. Related: SMBs too often pay ransom Small businesses, including nonprofit organizations, are not immune to cyberattacks.

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Hacked Data Broker Accounts Fueled Phony COVID Loans, Unemployment Claims

Krebs on Security

A group of thieves thought to be responsible for collecting millions in fraudulent small business loans and unemployment insurance benefits from COVID-19 economic relief efforts gathered personal data on people and businesses they were impersonating by leveraging several compromised accounts at a little-known U.S.

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Is Your Small Business Safe Against Cyber Attacks?

CyberSecurity Insiders

Just because you are running a small business doesn’t mean you are out of the reach of cybercriminals and hackers. In fact, small businesses are more susceptible to security breaches and cyberattacks because most often they dont expect the attack, thus are unprepared to handle the situation. Upgrade your IT set up.

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Google Chrome AI extensions deliver info-stealing malware in broad attack

Malwarebytes

Small businesses and boutique organizations should use caution when leaning on browser-friendly artificial intelligence (AI) tools to generate ideas, content, and marketing copy, as a set of Google Chrome extensions were recently compromised to deliver info-stealing malware disguised as legitimate updates. million people.

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Report: Big U.S. Banks Are Stiffing Account Takeover Victims

Krebs on Security

consumers have their online bank accounts hijacked and plundered by hackers, U.S. But new data released this week suggests that for some of the nation’s largest banks, reimbursing account takeover victims has become more the exception than the rule. In the case of Zelle scams, the answer is yes. ” UNAUTHORIZED FRAUD.

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Business ID Theft Soars Amid COVID Closures

Krebs on Security

Identity thieves who specialize in running up unauthorized lines of credit in the names of small businesses are having a field day with all of the closures and economic uncertainty wrought by the COVID-19 pandemic, KrebsOnSecurity has learned. But the same crime can be far more costly and damaging when thieves target small businesses.