Sockpuppets at Wikipedia: Fact Finders Beware
Today’s news that the foundation in charge of Wikipedia is investigating a series of suspicious articles reminded us of our usual refrain about the danger of restricting research to the internet. When clients tell us they’ve checked…
Due Diligence 102: Hedge Funds Now Responsible for Investigating People
It’s back to school for hedge funds in the light of two new sets of strict rules introduced by the SEC. The big lesson funds need to learn is the difference between verification of information presented to them by investors and others,…
Criminally Fabulicious: Hidden Assets in the Giudice Bankruptcy Fraud Case
Teresa and Joe Giudice, stars of Bravo’s Real Housewives of New Jersey, are leading a double life these days, running back and forth between arraignments and media appearances. Last week, the couple pleaded not guilty to 39 counts…
SEC Gives Hedge Funds the Green Light to Advertise
After a year of consultation, the Securities and Exchange Commission came out today with final rules that will allow hedge funds to advertise to the general public. In exchange, hedge funds will need to make sure that their investors have sufficient…
E-Verify: An Error Rate that Will Ruin Lives
The new immigration reform bill approved by the Senate last week mandates that employers check a government database called E-Verify to confirm that all of their new hires are legally eligible to work in the U.S. First launched in 1996, E-Verify…
The Masters: In Golf, Facts and Law Just Like in Real Life
There has been no end of snobbery over the years that makes fun of the conservatism of golf: so much space to serve so few athletes, the cost to the environment, the exclusivity of the private clubs, and so on. But this fascinating New York…
A Cyprus Reminder: For Money and Other Data, There IS No Cloud
Why is it that we would never decide to put $100,000 in the bank and tell people our deposits are “in the cloud,” but we readily do so with data that could be worth many times more than that? This week’s drama in Cyprus, in…
Data Breaches in Small Businesses: Safeguarding Credit Card Terminals
What gets less coverage, however, is how often small business owners are the weakest link in an identity theft chain. Certainly big businesses have been called out for serious data breaches, including misrepresenting whether or not their data was encrypted. But, as it turns out, personally taking pains to protect against hackers and identity thieves can all be for naught if thieves are accessing your digital data via the smaller businesses you frequent. This could include your favorite local restaurant, or the neighborhood Mom and Pop bookstore or boutique you proudly support. Take credit card terminals, for example: Small businesses are especially vulnerable to the plethora of ways hackers collect cardholder data via credit card terminals used to process credit card sales.
Here are some ways small businesses can protect their client's data from credit card terminal breaches.
