|Red Flags Rules Apply to You—Yes, You|
While many companies think the federal Red Flag Rule applies only financial institutions, if you invoice customers for your goods or services, it applies to you, too. Regulations designed to minimize identity theft went into effect in June of 2010. Are you complying with them?
The federal government’s so-called “Red Flag Rule” requires all businesses that are potential identity-theft targets develop plans to spot red flags and prevent theft. Red flags include suspicious photo IDs, unverifiable addresses and Social Security numbers, and questionable account activity, to name just a few.
While many companies think the Red Flag Rule only applies to financial institutions, it actually applies to all creditors—with creditors being defined as “businesses or organizations that regularly provide goods and services first and allow customers to pay later,” according to a Frequently Asked Questions guide prepared by the Federal Trade Commission, which will enforce the Red Flag Rule.
In other words, if you invoice customers for your goods or services, you’re a creditor—and the Red Flag Rule applies to you.
How can you comply? You’ll need to have a written policy that specifically addresses how you will prevent and handle identity theft. Other recommendations include data encryption, annual updates of your written policy, and staff training.
While this may seem onerous, you don’t want to ignore the legislation. Fines are $3,500 per violation—and the threat of a lawsuit from customers whose identity has been stolen.
|Is Unfriending Good for Your Business?|
One thing is clear, quality is still more important than quantity. Especially with the current economic downturn, people are downsizing everything – including online social circles.
|Majority of Malware Attacks are Triggered by USB Enabled Drives|
It looks like gone are the days when employees can safely transfer files using the ever reliable USB device. According to various reports, there is an increasing number of malware attacks targeting USB devices. Small businesses should be very wary of using USB drives, without considering security parameters to prevent these malware threats.
|How to increase/decrease the Recycle Bin size|
The Recycle Bin’s default size is equivalent to 10 percent of the drive size. But if you delete a larger size file accidentally, you might need it to be larger. Here’s how to re-set the maximum storage size of the Recycle Bin.
|5 Folders to Clean Up Today|
A new year means a fresh start (or a compulsive desire to stay organized). Why not start today? Here are 5 folders we’ve identified on your PC or Mac that could use a little reorganizing. It may require a few hours of your time to do, but trust us, it’ll make you feel warm and fuzzy inside when they’re clear.