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Showing 18 posts in Did you Know?.

Cybersecurity Impact on Small Businesses in Wake of Colonial Pipeline

In the wake of the Colonial Pipeline ransomware attack, cyber attacks such as ransomware and phishing continue to be a major threat for all businesses, large or small. Even with precautions in place, it is not a matter of "if" but "when" a business will experience an attack. In the case of Colonial Pipeline, the hackers not only demanded and received millions from Colonial Pipeline in May 2021, but the resulting ransomware attack forced the company into a fuel distribution shutdown, making headlines across the country and causing gas shortages on the east coast. The attack also compromised thousands of individuals' personal information.  Read More ›

Categories: Cybersecurity, Did you Know?, News, Technology

Women Owned Small Business Certification Program - Part Two: Certification and Benefits

Certification ReviewThis is the second part in a series discussing the Women Owned Small Business (“WOSB”) certification program with the U.S. Small Business Administration (“SBA”). Part One  summarizes the eligibility requirements.

This post, Part Two, briefly reviews the certification process and the benefits of certification. Read More ›

Categories: Compliance, Did you Know?

Women Owned Small Business Certification Program - Part One: Requirements

Business Owners2020 brought uncertainty to the world and, for many businesses, financial instability. In addition, 2020 brought inequities and disparities in our society to the forefront. To address both of these issues, many businesses are striving to achieve increased diversity in the workplace, while simultaneously seeking additional opportunities to secure financial opportunities. Read More ›

Categories: Did you Know?

Cybersecurity and Data Privacy Considerations in Due Diligence

Data privacy and cybersecurity concerns are changing the way potential investors and acquirers evaluate a target company through due diligence. Data and security related risks can be extremely costly – especially those that are not uncovered in due diligence. Read More ›

Categories: Cybersecurity, Did you Know?, Digital Assets, Privacy

Why Public WiFi is a Health Hazard

In the age of the mobile device, public WiFi is something that most of us will regularly use; whether in a coffee shop getting some extra work done or just waiting in an office area. The risks of this "free" commodity, however, are coming in faster than security specialists can deal with them. Read More ›

Categories: Cybersecurity, Did you Know?, Digital Assets

California Enacts Sweeping Privacy Legislation

On June 28, California governor Jerry Brown signed into law the California Consumer Privacy Act of 2018. The Act will significantly impact companies (including many based outside of California) and United States legislation in the coming months, although it is unclear whether the new law will serve as an example for other states or an outlier. Importantly, the Act contains a number of "GDPR-like" features, making it the most restrictive data privacy law that the United States has ever seen. Read More ›

Categories: Cloud Computing, Did you Know?, Digital Assets, Privacy

Provisions for Vendor Contracts

This is the second article in a series on Third Party and Vendor Management. The first article discussed pertinent considerations for vendor contracts in the context of cybersecurity. Read More ›

Categories: Contracts, Cybersecurity, Did you Know?, Digital Assets

Business Rap: Preventing Phishing Scams

On January 25, Foster Swift attorney John Mashni sat down for a discussion on Business Rap, a weekly radio show and podcast that features Mid-Michigan's brightest business owners and decision makers discussing business trends, challenges and politics affecting employers and business owners. Read More ›

Categories: Criminal, Cybersecurity, Did you Know?, Digital Assets

Potential $13.5 Million Uber Fine Highlights the Importance of Risk-Based Breach Response

The legal fallout from ridesharing service Uber's 2016 data breach, which affected approximately 57 million riders and drivers, has been significant. Read More ›

Categories: Cybersecurity, Did you Know?, Lawsuit

Business Rap: 2018 Nonprofit Trends

On January 16, Foster Swift attorney John Mashni sat down for a discussion on Business Rap, a weekly radio show and podcast that features Mid-Michigan's brightest business owners and decision makers discussing business trends, challenges and politics affecting employers and business owners. Read More ›

Categories: Did you Know?, Nonprofit, Tax