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Ecommerce Combating Magecart

For the last few years, the Magecart group—the name given to a collective of at least seven cybercrime outfits—has been a scourge to e-commerce. Using the digital equivalent of physical credit-card skimmers on high-profile websites, the group is alleged to be responsible for the loss of hundreds of thousands of payment card records and the personal data of its victims. Flashpoint and RiskIQ yesterday released a report profiling the groups behind the breaches, and the murky criminal underworld that lies within. Origins The Magecart threat grew out of a single group’s activities in 2015 when it began compromising vendor websites and injecting skimmers. Several thousand stores were affected during that time. RiskIQ became aware of the threat and began tracking it in 2015. A new group emerged ...

How To Upgrade Your High Street Store With Online Benefits

Often to go-to cause for many people when asked what has slowed down the retail experience on the high street, the online shopping experience has had seemingly positive and negative effects on the world of retail. If you’re wondering whether it’s worth a business scouting out a commercial property for rent, or just sticking to the online world, it’s worth considering the benefits of a bricks-and-mortar store in a new light. There’s been a change in focus for the high street, but when used correctly, it can be a huge benefit to retail. Offering email receipts A survey by YouGov showed that 44% of consumers would like a receipt for their in-store purchase to be emailed to them. However, just a third of the survey’s respondents said that they were given this opportunit...

Mind The Gap: Addressing Skills Gap With Cloud And Digital Transformation

To define the digital future of your company, it is important to know how you are prepared to address the skills gap. Cloud computing is one opportunity that can help businesses win talent crunch, by enabling them to make their workforce more modern and empowered. The world at large is riding the wave of a digital revolution. This is illustrated in our daily, as well as, professional lives, wherein our lives are being systematically transformed with the use of digital tools that are making certain activities and workplace processes far easier and seamless than they were before. Organisations that are using digitalisation to transform the way they work are surging ahead, but those that are still caught in the vicious grip of legacy operational processes are lagging behind. Several studies i...

6 Questions To Ask To Make Sure Your Business Appears Legitimate Online

So much of the news seems to be related to internet scams today. In the first six months of this year alone, industry group UK Finance has actually found that over £500 million has been stolen from customers of banks throughout Britain. Authorised push payment scams made up £145 million of this total, with these cases of fraud seeing individuals tricked into putting money into another account. Businesses should be just as concerned about internet scams as customers though, as firms are often targeted through them as well. Holiday park WiFi providers Infinium, which is a provider of IT security solutions too, is here to help. They have set out six questions that all companies should be asking about their websites to ensure customers know that a firm’s interactions online are always legitima...

Hiring Freelancers: Top Pros And Cons

Running a business is the sum of thousands of decisions you make every single day. Should you expand your workforce? Should you be focusing on a different target audience to expand sales? All of these questions and so many more are constantly swirling in the minds of executives. One of the most important questions that managers and executives must ask on a daily basis is whether to hire a full-time employee to complete additional work or to hire a freelancer. There are certainly a variety of pros and cons to thoroughly consider before making a final decision. By being informed on the topic, those in charge maximize the chances of making the right decision for the company. So what are the biggest negatives and positives of hiring freelancers for your business? CON: Security concerns can qui...

4 Things You Should Have In A Quality Contract

Having a business means that you have to keep certain things in mind in order to keep your company running smoothly. One of these things is making sure your contracts are in order and that you have the right wording in place. Contracts can solve many problems dealing with clients and can offer a blueprint for the kind of service you are planning on providing. Here are four tips for helping you develop high-quality contracts for your business. 1. Clear wording One mistake many companies make is not making their contracts clear. Not only can this confuse customers and cause problems, but it can also make your case ambiguous if you ever need to go to court over a dispute. It benefits both your company and your clients to have wording that is precise and makes sense to everyone. Before the bot...

Nasdaq Is Planning A Tokenized Securities Platform

Nasdaq has expressed its interest to join the crypto world. Indeed, the largest financial stock exchange in the US has been giving signals that it wants to be part of the digital financial world for a while now. The financial services company already has a footprint in this market having pioneered several blockchain projects. The new plan involves building a platform that allows it to issue security tokens as well as facilitate trade. Security tokens have been attractive in the crypto world for a long time. The tokens are basically financial assets that can be used as equity. Tokenized securities are a result of the evolution of the blockchain world. They are compliant with new regulations and this makes them formidable securities in the financial world. Considering how big companies like ...

Cybersecurity Beyond The IT Industry

Cybersecurity’s skill gap in the industry is growing and attacks like identity theft and phishing have become top threats. After the Facebook scandal that cost the company heavily, not just economically, but also in terms of its user-base, compliance policies like GDPR are making frontpage on a regular basis. But, even with all these guidelines in place, digital security and privacy of an individual or an organization has never been more vulnerable. Even after the General Data Protection Regulation was introduced, there are several tech giants like Facebook, Google, Yahoo, and Amazon that don’t fully meet the requirements of the policy. This implies that a cyber threat is still imminent. We see a lot of news about organizational data leaks, but there is barely any talk about the security c...

Top Tips For Up-And-Coming CEOs

There isn’t anything in life that comes easy, they all have a hidden/revealed price tag attached. The same case applies to be the face of your business. So if you get yourself at the top or have just landed that much-coveted CEO position, be ready to work even harder and smarter for that matter. There isn’t anything free for any up and coming CEO, it’s all about persistent handwork to prove yourself. You have to measure up to the expectations of both your internal and external publics. So if you’re a little bit stuck, it’s time to implement these tips to be counted among the best: Be an intentional leader You must be your company’s CEO for a good reason. There are skills you must possess that others don’t have and would like to look up to you. So n...

Digital Preservation And The Dangers Of Rapid Technological Advances

The abundance of data and the need for its continuous archiving has become an everyday task for most entities. This movement has been set forth from a safety, historical and most importantly a compliance adherent perspective. But just how safe and anti-corrosive are our technological counterparts? Having a good content management strategy nowadays is more important than ever, what with all the tons of information going in and out of our servers daily, some of which being irreplaceable to us or our clients. At the same time, the biggest amounts of data aren’t the one that we generally need to access in varying short time frames, it’s usually the type of data that we want to be stored for historical or generally value inducing reasons. This is because that kind of information keeps building ...

How To Expand Your SME

If you’ve ever thought of owning your own business, you’re not alone. Research shows that four out of five 16-21 year-olds in the UK have shown an interest in being their own boss. It’s in fact predicted that 2018 is going to end on a high, making it yet another record-breaking year for start-ups in the UK. So, how do you make sure your SME keeps turning over a healthy profit? Here, we discuss the best ways in which you can improve and grow your business. Advertising Okay, so it might sound obvious, but an excellent advertising strategy is a huge asset for your company. Whether this is online or in person, your brand has to be in the public’s attention. Many people assume that advertising campaigns will be too costly for the size of their business, but this doesn’t have to be the case. A w...