It’s the stock sales by several executives that are likely to get the most scrutiny in light of the new timeline. On Aug. 1 and Aug. 2, regulatory filings show that three senior Equifax executives sold shares worth almost $1.8 million, with none of the filings listing the transactions as being part of scheduled 10b5-1 trading plans.
In 2016, boot maker Lucchese fired its IT administrator. An hour later, the company's servers stopped working. The former IT administrator had used a hidden account -- meant to look like a network printer -- to access the network remotely and delete system files from the servers.
A security breach is a catastrophe that can damage a small business's reputation and potentially cause crippling financial ruin. On average, a data breach costs a company $4 million -- and when a data breach occurs, an employee is the most likely cause.
Here's a fun thought experiment, try and imagine one area of your business today that does not involve technology in some way. It seems like even making coffee these days involves a computer of some kind. With so much reliance on technology, it's incredibly important to put security measures in place so business functions are not disrupted.