3 Types of Cyber Security Threats to Small Businesses and How to Avoid Them

By 2021, all the various types of cyber security threats will cost the world at least $6 trillion every year. Cybercrime, after all, doesn’t discriminate; it affects individuals, small businesses, and large corporations.

Cybersecurity hacker

Unfortunately, individuals and small businesses are those who are at the highest risk. For starters, they don’t have the funds to recover from the economic effects of such crimes. This is also why six in 10 SMBs that get attacked go out of business within six months.

As such, you should learn as much as you can about the most common cyber security threats. Knowing what they are can help you mitigate your risks of becoming the next victim.…

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How to Get Off to the Best Start in Your New Job

A new job can be an exciting and daunting thing, especially if it’s in a position to which you’ve always aspired. Getting off to a good start generally means making a positive impression on those around you, familiarising yourself with the technical details of the work itself, and avoiding ruffling feathers.

Contemplating Career Change

Be aware of the most annoying habits

According to research commissioned by instantprint, a Rotherham-based printing company that creates flyers, leaflets, and posters, almost eight million workers in the UK have had to work alongside a person who annoyed them every day. If you’re that annoying person, then you might find your progress impeded.…

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The Inevitable Digitalisation of Businesses: How to Be Prepared

For a seamless digital transition of your business, you would need to have a long-term vision as well as a deeper understanding of the digital space.

Digitalisation

Almost every entrepreneur in today’s world knows the importance of digitalization. With continuous, swift advancement in technology and digital preservation techniques; there is no other way but to embrace new technological tools and algorithms in order to maintain a competitive advantage in any given sector. It is no longer just an additional feature, the majority of customers today expect to conduct at least a part of their businesses digitally.

Research reports from renowned organizations such as MIT and the World Economic Forum also showcase how businesses with cutting edge technologies are benefitting from a surge in popularity among their customers.…

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How to Ensure your Data Team’s Skills Remain Up-to-date

When it comes to data analysis, if you’re not moving forwards, you’re moving backwards. Data science tech, trends and tools are constantly evolving, and best practices can become outdated in the blink of an eye.

Data team

The good news is that data scientists are generally curious and eager to keep making new discoveries. They chose to enter a profession that is a center of innovation and change, and they’ll embrace opportunities to keep on pushing the cutting edge of data science a little further forward.

However, it’s easy for a busy data team to get so involved in one project after another that they lose the habit of reading up around their area.…

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Simple Yet Profound Ways to Cut Costs Amid COVID-19 Crisis

As the economy continues to struggle and many businesses are faced with prolonged dips in sales, many SBOs are getting creative to stay afloat. This includes cutting costs and reorganizing expenses based on new developments.

Expense management and cost cutting

The 2 Levers of Profitability and Financial Sustenance

Whether it’s a small business, global organization, or your own household, there are two levers that impact your profitability and financial sustenance:

  • Increasing revenue. The first (and most obvious) choice is to increase revenue. If you sell more products at a higher profit margin, you generate more revenue. Plain and simple.
  • Cutting costs. The other lever is to cut costs.
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Interested in Becoming an Entrepreneur? Here Are 5 Food Business Ideas to Consider

Food brings people together. Whether you’re passing down important family recipes or sharing a meal with close friends, eating is a great way to enjoy the company of friends while creating special memories. And if you have a particular passion for food, you may want to share that passion with the world through a new business as an entrepreneur.

Food business owner

The entrepreneurial spirit is a unique one. You have to be prepared to take big risks for what hopefully pays off as a successful business.

Jumping into any venture requires preparation, dedication, and inspiration. Once you find a great idea, you have to put together a good team and focus on your objectives and key results (OKRs) to reach your ambitious goals.

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The Weaknesses That Cyber Security Hackers Prey Upon

Are you worried that you may get hacked by malicious opportunists online? Do you want to keep your digital information close to you and out of reach of hackers? Do you want to know what makes you vulnerable to hackers?

Hacking cybersecurity

No matter how well others protect their online information, it seems cyber security hackers always find a way around them. The recent Zoom hacking incident is a good example of it. However, there is still hope.

There is a way for you to secure your personal information online. It starts with arming yourself with the knowledge of the weaknesses in cybersecurity.…

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How Do I Get Out of a Home Foreclosure?

Due to financial hardships stemming from COVID-19, many people in Louisville are behind financially and struggling to keep their homes. If your home goes into foreclosure, it can be devastating to your credit and your financial situation.

Home foreclosure

Believe it or not, there are things that you can do to put an end to the foreclosing of your home. The key is to find a strategy that works best for you and your unique situation. Continue reading to learn ways to get out of a foreclosure.

1. Work something out with the lenders

The best thing you can do to increase your chances of avoiding the repossession of your home is to jump on it at the first signs of trouble.

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Some Of The Common Freelancer Mistakes You Can Avoid

When starting as a freelancer, people do everything to make a name for themselves and make more money. It is tough to get projects and clients at first, and as people struggle to get gigs, they overlook some aspects of the business side of freelancing.

Freelancer mistakes to avoid

People think that freelancing has lesser responsibilities than the regular office job. As a result, freelancers end up making mistakes that cost them a lot. Here are some of the freelancing errors you can avoid.

1. Operating without a Contract

Most freelancers start working without signing a contract. This leaves room for serious misunderstandings. Part of the reason this happens is that the freelancer does not have the time or resources to draft an agreement.…

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Common Cyber Security Practices You Should Never Miss

Industries have preferred to move their businesses online that have allowed them to grow organically. However, everything is not so bright as they are perennially faced with the risk of data breaches.

Compromized cyber security

The security threats in the industry are immense and can be estimated from the fact that 4.1 billion records were compromised in only the first half of 2019. There have been significant data breaches at Clearview and Marriott, with almost 5.2 million records being breached at the latter. According to the 2020 Data Breach Investigation Report from Verizon, 70% of the breaches were caused by outsiders, and 86% of the breaches were financially motivated.…

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