SMD-Market

Your Business Motivation

Month: January 2018

CHOOSING THE BEST FOREX BROKERS

The number of forex trading is very much at all, be it a conventional broker, or already online. Each broker certainly has advantages and disadvantages. Therefore we should be able to choose a broker that suits our needs and has good credibility.

Some things that you can use as a consideration in choosing a good forex broker, are:

  1. Choose what suits your needs.

First, you must have a list of forex brokers. After that you have to check to each website, then pay attention to the service and service. If you do not find a service or offer that suits your needs, then look for another forex brokerage agency.

  1. Check identity clarity

Check the office address and contact address or support, the more complete (email, phone, fax, chat, and comments from website visitors) the better of course.

  1. Methods of communication and assistance

The broker’s commitment to providing support should be the main requirement. The more complete the method of communication (email, phone, fax, skype, chat) the better. Live support (chat) facilities can be very helpful to us when needing immediate help when there are obstacles.

  1. Check the regulation:

A regulated broker will give you a feeling of security. A broker with regulation means that the broker is subject to regulation and supervision. Usually, information about this regulation is always included in the broker’s website. Usually about us, contacts, or other parts of the website.

We must also consider the regulatory body, the regulator must be trusted and have strict rules … Read More

Majority of Small Business Owners Unaware of Data Breach Risks

If you were under the impression that data breaches only affect large corporations, you might want to take a closer look. According to the Verizon 2013 Data Breach Investigations Report, 62 percent of breaches impacted small businesses, yet the majority of small business owners were unaware of the risks and threats. A survey by the National Cyber Security Alliance (NCSA) and Symantec revealed that 77 percent of small business owners believe their business is safe from cyberattacks (hackers, virus’s malware, etc.). Shockingly, 83 percent shared that they have no formal cybersecurity plan in place.

Why are Small Business a Target for Cyberattacks?

Just like large corporations, small businesses collect and store sensitive credit card data from their customers. A problem arises when security is not high on the priority list, which is often the case with a smaller business; thus, leaving the company very vulnerable to data breaches. Another reason they become a target is because many have yet to adopt and update their equipment to secure chip card readers (EMV-enabled reader). This particularly makes the business more likely to fall victim to criminal activity.

The Staggering Cost of Data Breaches

A study by PwC revealed that cyberattacks can cost small businesses anywhere from $60,000 to $170,000 per incident. The costs of cybercrime not only affect your business’ bottom line, but they also have the potential to lead to being sued by customers for failing to provide adequate security procedures. In addition to legal fees, money will also have … Read More

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