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IT Security in SMBs

VCFO

This article was co-authored by Mike Wilfley , vcfo Chief Operating Officer and Executive Vice President, and Shane Gronniger, CEO for GCS Technologies. Ensuring IT Security in Small- to Medium-Sized Businesses. Establishing a Security Baseline. Planning and Prioritizing IT Security Improvement.

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Why The Data Breach Decline Is Bad News For Businesses

PYMNTS

40 legitimate email accounts of company executives have been compromised in a phishing campaign targeting businesses , according to Gov Info Security reports. The scam involves sending a phishing email claiming to be a Microsoft Office 365 update.

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Corporate Card Innovators Dive Into Virtualization

PYMNTS

Albawaba reports said that FAB has rolled out its Central Travel Account solution, which streamlines and consolidates employee spend data and enables managers to more seamlessly manage T&E spend. Access Bank Taps Visa For SMB Debit Cards. Tipalti Enhances Corporate Card Adoption In AP.

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Phishing Scams Target SMBs Seeking COVID Aid

PYMNTS

BleepingComputer.com reports that the Coronavirus Aid, Relief and Economic Security (CARES) Act has triggered the latest round of scams. . Clicking on the link directs users to a page that looks like the authentic Microsoft Office 365 login web page and tries to pilfer the recipient’s corporate credentials. n (CDC) logos.

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Microsoft Bug Hunter Able To Take Over Subdomain

PYMNTS

Microsoft’s accounts were accessible by a bug hunter residing in India who was able to take over the success.office.com subdomain because it wasn’t configured properly, reported TechCrunch. The URL link was made by NK in a way that it instructs Microsoft’s login system to send the account token to NK.

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Symantec Says Malware Tops Ransomware As FI Threat

PYMNTS

Symantec, a cybersecurity firm that specializes in research and cloud-based security, released new insights surrounding financial malware and ransomware in its latest Internet Security Threat Report (ISTR). only accounted for six percent of financial malware detections in 2016. million detections per year, are up to 2.5

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Microsoft Taps Stripe To Power Payments In Outlook

PYMNTS

Microsoft and Stripe are teaming up to enable integrated payments in Microsoft Outlook, the companies announced on Monday (May 7). The partnership enables users of Microsoft Office to process invoices and make payments directly within the Outlook portal.