Blog Posts Tagged with Small Business

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Cybersecurity for small business: Ransomware

Mention the word “ransomware” at a meeting of small business owners and you’ll feel the temperature in the room drop by 20 degrees. A ransomware attack is a chilling prospect that could freeze you out of the files you need to run your business. When FTC staff met with business owners across the country, you cited ransomware as a particular concern. New resources from the FTC can help protect your company from this threat.

Cybersecurity for small business: Physical security

An employee catches up on some work while visiting the local coffee shop. She grabs her Double Mocha to go, but accidentally leaves behind a flash drive with hundreds of Social Security numbers on it. When she returns, the flash drive is gone. Then there’s the staff member who needs to free up file room space. After he tosses a stack of old company bank records into the garbage, a dumpster diver spots the trash and walks away with a windfall.

Cybersecurity for small business: Understanding the NIST Cybersecurity Framework

The FTC hosted roundtables across the country asking small business owners how we can help you address the challenges of cybersecurity. Based on your feedback, we designed to-the-point tips now available at ftc.gov/cybersecurity. Last week we kicked off a 12-part every-Friday Business Blog series with cybersecurity basics.

Listen in on how sellers pitched business “coaching” services

One of the Utah-based defendants’ corporate names was Vision Solution Marketing, but you need to hear their sales pitch to get a sense of how they peddled their big-money “business coaching” services to consumers. In addition to imposing multi-million dollar judgments, FTC settlements ban the defendants for life from selling business coaching or development services. But you really should listen to these phone calls.

Cybersecurity for small business: Cybersecurity basics

As a small business owner, you know that cyber criminals will steal data any place they can find it, whether it’s from a global giant or a Main Street store. So where can you find just-the-facts security advice tailored to your needs? At ftc.gov/cybersecurity. The FTC has boiled it down to a dozen need-to-know topics for small businesses and we’ll address one each week in the Business Blog.

Share cybersecurity resources with non-profits in your community

Do you work for a non-profit? Or maybe you’re on the board of a charity or active in a professional or service organization in your community. If so, you know the group collects all sorts of private information, including details about members or people you serve and financial information related to donors. Your own personal information, too, is probably in the group’s records of employees and volunteers. Cyber criminals would love to get their hands on that data.

Cybersecurity resources for your small business

Small businesses are concerned about ransomware, email imposters, and other common cyber threats. So FTC staff hosted roundtables to ask business owners what we can do to help. You came from different parts of the country and different economic sectors, but your answers were consistent and you didn’t mince words: 1) You want straightforward advice that’s easy to implement; and 2) You want consistent guidance from the different federal agencies that deal with cyber threats and data security.

Operation Main Street targets scams against small business

Small business keeps America in business. But while you have your shoulder to the wheel and nose to the grindstone, it can be tough to keep an eye out for scammers. That’s why the FTC and law enforcement partners across the country have your back. Just one example is Operation Main Street: Stopping Small Business Scams, a coordinated initiative involving 24 civil and criminal actions against B2B fraudsters.

Decoding Mobile Money Code’s deceptive earnings claims and CAN-SPAM violations

When it came to Mobile Money Code’s “system,” money was mobile all right. It traveled in a one-way direction from consumers to the pockets of the principals behind the get-rich-quick venture. That’s what the FTC alleged in a lawsuit filed against an international network of defendants. The FTC says they used affiliate marketing to promise that people would earn “60k a month on 100% autopilot,” but the typical consumer never got off the runway.

Online giving portals: What should you know?

A common phrase in the world of charities is that there are many ways to give. Making an online donation is one way, and using an “online giving portal” is becoming a popular option. Check out our new articles – one for consumers and one for businesses – that describe these portals and what to consider before using them.

FTC says consumers struck out by deceptive business “coaching” pitches

Vision Solution Marketing and related defendants pitch services to prospective entrepreneurs and people looking to supplement their income. Among the defendants’ products is business “coaching” that sets people back as much as $13,995. But given the host of alleged misrepresentations cited in a lawsuit filed in federal court in Utah, the FTC says the defendants definitely aren’t playing on consumers’ team.

FTC challenges robocallers’ false threat that small businesses will be “removed” from Google

Imagine getting a prerecorded robocall claiming to be from a “data service provider for Google” giving you “final notice” that “If you do not act soon, Google will label your business as permanently closed.” Second only to a fire alarm going off, that constitutes an ASAP emergency for many small business owners. But those robocall warnings aren’t from Google.

The FTC announces new cybersecurity education for small business

Last year, we heard from small business owners about their cybersecurity challenges at a series of roundtable discussions the FTC hosted with some of its partners. What we learned is that small business owners need and want information on how to keep their computer systems and business data safe. So we’re planning to provide that to them. Later this year, the FTC will launch a small business education campaign on cybersecurity, in partnership with other federal agencies.

“Amazing Wealth System” not so amazing, alleges the FTC

An FTC lawsuit alleges that money-making claims made by a related group of companies and individuals for their Amazing Wealth System are “amazing” all right – if by “amazing” you mean “not credible” or “unsupported by the facts.” The complaint charges the defendants with violating the FTC Act and the Business Opportunity Ru

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