Tuesday, August 25, 2009

Criminals Targeting Smaller US Firms

Cyber Criminals Targeting Smaller US Firms; Get Millions

Organized cyber-gangs in Eastern Europe are increasingly preying on small and mid-size companies in the United States, setting off a multimillion-dollar online crime wave that has begun to worry the nation's largest financial institutions.

The attacks are amazingly simple and the amount of money taken is large. The firms do not know how to protect themselves. In some cases where credit card theft has occurred, they have had to shut down because they lost the ability to process credit cards. Small businesses are being affected greatly by poor security practices. It isn't a risk issue. It is a survival one.

http://www.washingtonpost.com/wp-dyn/content/article/2009/08/24/AR2009082402272.html?hpid=topnews

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