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5 Disastrous Decisions that Destroy Small Business – and How to Avoid Them

Interactive Webinar, Sponsored by Deluxe Corporation, Featuring Privacy Expert John Sileo

ST. PAUL, Minn., Oct 04, 2012 (BUSINESS WIRE) — Cyber criminals sabotaged John Sileo’s business – and nearly landed him in jail. Now he’s determined to help small business owners prevent the disastrous mistakes that loom ever-larger in the age of identity theft, mobile computing and social media.

Sileo will share his story – and the lessons he learned – in an hour-long interactive webinar on Tuesday, Oct. 9 at 2 p.m. EST. Titled “5 Disastrous Decisions that Destroy Small Business,” the webinar is sponsored by Deluxe Corporation and designed to provide business owners with simple, actionable tools to help protect their operations and enhance their efficiencies.

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To register for the 2 p.m. EST webinar, go to www.deluxe.com/highsecurity.

Sileo is the award-winning author of “Privacy Means Profit,” and has appeared on “60 Minutes” and “Fox and Friends.” He launched his career as a privacy consultant after thieves stole his identity and used it to embezzle nearly a half million dollars from his clients. The security breach destroyed his business and triggered a two-year legal morass.

Now, Sileo is America’s leading professional speaker on identity theft and information control. During the Deluxe’s interactive webinar, he will be joined by Susan Haider, executive director, high security product management, Deluxe Corp.

He will share insights gleaned from years of experience, including details on:

  • How Sileo’s business was destroyed by poor decision-making.
  • Mistakes other small business owners have made and how to avoid them.
  • Concrete, actionable steps you can take to minimize your risk now.Human, physical and digital threats to your business security.
  • Targeting skills you can use to design your plan of attack.We

Following the presentation, participants can get personalized advice from Sileo and Haider during a Q&A session. Participants also will receive a free copy of “Are Tax-time Identity Thieves Targeting Your Small Business? 5 Defense Strategies,” a white paper written by Sileo.

 

About John Sileo John Sileo is an award-winning author and privacy speaker on the dark art of deception (identity theft, data privacy, social media manipulation) and its polar opposite, the powerful use of trust, to achieve success. His clients include the Department of Defense, Pfizer, the FDIC and Homeland Security. Watch him on Anderson Cooper, 60 Minutes or Fox Business.

His satisfied clients include the Department of Defense, Blue Cross, Homeland Security, the FDIC, Pfizer, the Federal Trade Commission and corporations, organizations and associations of all sizes.

About Deluxe Corporation Deluxe is a growth engine for small businesses and financial institutions. Over four million small business customers access Deluxe’s wide range of products and services including customized checks and forms as well as website development and hosting, search engine marketing, logo design and business networking. For financial institutions, Deluxe offers industry-leading programs in checks, customer acquisition, regulatory compliance, fraud prevention and profitability. Deluxe is also a leading printer of checks and accessories sold directly to consumers. For more information, visit us at www.deluxe.com , http://www.facebook.com/deluxecorp or http://twitter.com/deluxecorp .

Business Killers: Identity Theft and Data Breach Protection FREE WEBINAR

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Business Killers: Identity Theft and Data Breach Protection Webinar on November 10

 

On November 10, I will host an interactive webinar sponsored by Deluxe that will explore how small businesses can protect themselves from identity theft. As someone who lost more than $300,000 and my small business to identity theft, this is a topic I care about deeply. In addition to delivering keynote speeches at conferences, I also provide consulting and guidance to organizations like the Federal Trade Commission, Pfizer and the Department of Defense on how to best protect the sensitive data inside of their organizations.

Register now for tomorrow’s webinar.

During this multi-part webinar, I will provide simple, actionable tools and advice to help small businesses protect their data and retain information privacy. I’ll also explain how the information economy has shifted the competitive landscape and increased our data exposure. Attendees will learn the following:

  • The new reality: information does not equal power
  • How to think like a spy and apply critical thinking to the power equation
  • Manipulation triggers thieves use against your employees and defense techniques
  • Interrogation tools to uncover fraud before it erodes your profits and net worth
  • Fraud hotspot best practices
  • Trends in data theft
  • Holiday identity theft prevention tips

Sign up now and make sure that your business doesn’t experience the losses that mine did.

John Sileo, the award-winning author of Privacy Means Profit, is a keynote speaker on identity theft, data security, social media exposureand weapons of influence. His clients include the Department of Defense, Pfizer, Homeland Security, Blue Cross, the FDIC and hundreds of corporations, organizations and associations of all sizes. Learn more at www.ThinkLikeASpy.com.

15 Data Security Tips to Protect Your Small Business

Thanks to SmallBusinessComputing.com and Jennifer Schiff for this article!

In August 2010, the Privacy Rights Clearinghouse published its latest Chronology of Data Breaches, which showed that since 2005 more than a half-billion sensitive records have been breached. Of those breached records — which contained such sensitive data as customer credit card or social security numbers — approximately one-fifth came from retailers, merchants and other types of non-financial, non-insurance-related businesses, the majority of which were small to midsized.

An equally scary statistic: approximately 80 percent of small businesses that experience a data breach go bankrupt or suffer severe financial losses within two years of a security breach, according to John Sileo, a professional identity theft consultant and speaker, who knows firsthand about the havoc a security breach can wreak on a small business.

What can a small business owner do to protect her business from a security breach? Small Business Computing spoke with two security and privacy experts and consulted the leading security and privacy sites to find out. The good news: protecting your business from a data security threat is easier than you think. It’s also much cheaper than the physical, financial and emotional cost of repairing one.

Click Here to Continue Reading……

John Sileo speaks professionally about social media exposure, identity theft and cyber crime for the Department of Defense, Fortune 1000 companies and any organization that wants to protect the profitability of their private information. Contact him directly on 800.258.8076 or visit his financial speaker’s website.

Uncovering Business Identity Theft

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While the majority of identity theft schemes prey upon individuals, small-businesses and organizations are increasingly becoming targets. Business identity theft is a serious threat, but it mostly flies under the radar simply because companies are embarrassed to discuss.

Although most companies are protected by copyright, patent and trademark laws, smaller companies lack the higher IT security measures that large companies have. According to recent studies by Javelin Strategy & Research this makes them 25% more likely to be victims of business identity theft over larger businesses.  Not only do small businesses and business owners typically have larger lines of credit open than an individual, but they are unlikely to detect the fraud for six to eight months making them a prime target.

Business Identity has not been completely defined yet, but it definitely has been stolen. California has become the leader in offering identity rights to organizations and in 2006 they expanded the definition of ‘person’ in identity theft laws to include associations, organizations, partnerships, businesses, trusts, companies, and corporations. These types of amended laws have proved to deter business identity theft and provide greater assistance to those companies that have been hit.

Most commonly criminals assume the name of a business, rent out office space in the same building and order everything from corporate credit cards to hundreds of computers and equipment. In one instance the culprit billed a law firm for $70,000 in purchased equipment, hired a moving truck and disappeared from the building before the fraud was ever detected.  This has been not only costly, but timely. If businesses had the same protection as individuals this would have been quickly resolved and the victims would have moved on. Credit card companies have also followed suit and began to remove the distinction between business identity theft and individual identity theft.

The lack of publicity on this type of Identity theft is solely due to a lack of reporting by companies. Businesses are required by federal law to notify consumers who’s personal information has been hijacked, but not if their businesses identity has been stolen. In order to save face, most business owners would rather not own up to such a breach to avoid looking like the pawn in a criminals scheme. Without incentives and assistance to a company who has experienced this type of transgression there is little reason for them to come forward.

Until businesses and their owners come forward to help uncover business identity theft there will be less laws in place to deter criminals and small businesses will remain vulnerable.

For more information on this issue check out BusinessWeek.

John Sileo provides identity theft training to human resource departments and organizations around the country. His clients include the Department of Defense, Pfizer and the FDIC. To learn more about having him speak at your next meeting or conference, contact him by email or on 800.258.8076.