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If it seems like you’re hearing more news about digital security breaches these days, you aren’t imagining things: In 2017, the number of cyberattacks worldwide more than doubled , according to a cybersecurity report issued by the Online Trust Alliance. And smallbusiness owners might not fully understand what they’re up against.
We talk (and write) a lot at Fundera about the US SmallBusiness Administration (see here , here , or here …). But the SBA’s loan programs are only one of the ways the agency helps smallbusinesses start, grow, and thrive. The history of the US SmallBusiness Administration dates back to the Great Depression.
Delinquency risk and the risk of default were the primary focus. The experts at Your Virtual Credit Manager have default risk benchmarks and other data insights for analyzing your AR portfolio and are currently offering 33% off our standard smallbusiness consulting rates. Now, the landscape has changed dramatically.
Home routers, on the other hand, are typically set up right out of the box with default settings and not properly configured or updated over time. These attacks targeting consumer routers are often abusing vulnerabilities in outdated firmware or in default settings on the router. Financial Cybersecurity. Themed Attacks.
The Digital Business Lending Landscape The digital lending landscape has undergone a significant transformation in recent months, offering community banks myriad innovative solutions to streamline their lending processes, particularly in relation to smallbusinesses.
Many financial institutions have been using artificial intelligence (AI) for years, particularly in supporting cybersecurity and anti-fraud efforts. Another example of using predictive AI is smallbusiness lending software that incorporates AI-driven lending intelligence.
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