Operations, Technology

Five Legal Mistakes That Could Kill A Small Business



One legal mistake by a local café owner, book store owner or new tech start-up can cause a business to shut down.


Harold Branch, an executive with LegalShield offers these top five unexpected legal issues that can stop a small business in its tracks:
  


  
  





  
        
Sleeper Ransomware Breaks Out In May To Harass Small Busiesses

    
  
  

    
A new dormant strain of "sleeper" ransomware has awoken and is causing a surge of trouble


KnowBe4 CEO Stu Sjouwerman issued an alert to IT managers that there is a new strain of dangerous ransomware infecting employee's workstations called Locker. The ransomware


 has infected workstations but sat there silently until midnight May 25, 2015 when it woke up. Locker then started to wreak havoc in a massive way. Since the strain reared its ugly head, Reddit has been swarmed with hundreds of 600 comments in the first 24 hours.
  


  
  





  
        
Data Breaches: A Big Risk for Small Businesses

    
  
  

    
As they see large retailer names splashed across headlines, many small-to-medium size businesses (SMBs) owners are left with the false sense that their companies are too small to be victim of a breach. And this can’t be further from the truth.


But as Michael Bruemmer, Vice President Experian Data Breach Resolution, points out small businesses can be a particularly attractive target to hackers as many of them often lack resources to manage cybersecurity.
  


  
  





  
        
IT Experts Offer Free Tech Buying Advice to Small Businesses

    
  
  

    
Today, even the smallest of businesses can run on sophisticated software systems once only available to corporate behemoths, allowing them to do more -- and profit mightily -- with less. If they buy the right system, that is. Often they don’t. As it turns out, they make the wrong choice at least a third of time.
  


  
  





  
        
Attracting Millennial Workers Helped By Enhanced Workplaces

    
  
  

    
The emergence of the Millennial workforce has forced companies to reevaluate their office environments and to view office space not as an amortized asset but as a strategic tool to attract and retain talent and to drive organizational growth and effectiveness.  
  


  
  





  
        
Small Businesses Claim Cyber-Security Superiority But Leave Much to Chance 

    
  
  

    
More than half of 1,000 small-business owners surveyed believe they are better-prepared to secure sensitive customer and corporate data than are large businesses.


Just as staff members need to trust that their employer is keeping their personal information under wrap, so, too, do customers, whether they swipe their debit card at the cash register or make an online credit-card purchase.
  


  
  



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