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What if Your Payment Processor Shuts Down?

What would happen to your business if your credit card processor shut down?  If you do online bill pay, what would happen if it shut down? Millions of people and businesses got to figure that one out this month when Paypal’s TIO Networks unit suddenly shut down.  TIO does payment processing, both for merchants and […]

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Senators Propose Bill Providing up to Five Years in Prison For Failing to Report Breaches

Senator Bill Nelson of Florida has introduced a bill as a result of the Uber disclosure that they forgot to tell 57 million people that their data was breached – for a year – that allows for penalties of up to five years in prison for anyone, such as company executives, who willfully conceals a […]

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