[Number1Biz]

When it comes to online business there is always a question about security, is there such thing as business theft? if so, how will I prevent this if I start to have an online business..

[StevNite]

Risks associated with e-business include identity theft and extortion. Identity thieves target personal information, such as credit card details, to perpetrate fraud and other crimes. The Federal Trade Commission estimate that 9 million Americans per year are affected by identity theft. In one three-month period during 2005, more than 3 million personal data records were reported stolen or lost in the United States because of security breaches.

[karlosmoody]

However, online identity theft can be prevented if you follow some strict rules on e-commerce. We live in an era with a zero-protection of personal data. Your name, age, personal and telephone numbers can be reached by anyone, for a fee. In these moments, it is important to be very careful about revealing personal information in any online merchant. One of the first things is to use one credit card online reports. Using multiple cards can increase the risk of personal exposure.You must ensure that the e-mails sent and received through a secured and locked mailboxes.

[sakthi]

RIP-OFF ALERT: Small businesses that do online banking are being left high and dry by the banks when they suffer online theft.

If you're a small business owner, your bank does everything it can to encourage you to do business banking electronically. But, if a hacker somehow breaks into your online account and there are great losses, the bank essentially says "tough."

As a small business, you don't have an IT department -- and the online crooks know it. So they're targeting you. BusinessWeek reports that small businesses are cumulatively losing $1 billion each year to cyber-crooks.

I have a simple two-step procedure to safeguard businesses with 25 or fewer employees (As companies grow beyond 25 employees, I'm out of my league with giving advice.)

Have a written policy about how you safeguard your funds both online and physically. Whatever you're doing, write it down. (For example, you might write down that you have any checks locked in a file cabinet or safe.) By having a written policy and following it, you show you're taking "due care" under the Uniform Commercial Code, which will help you should you need to sue your bank over the breach.
Buy a dedicated computer and use it only for online banking. Never use that computer for any other purpose. (Put this measure in your written policy as well.) With laptops starting at less than $300, this is the cheapest insurance policy I can recommend.

[merryscanlan]

Some Steps to avoid theft.

Know your employees

Shred personal or business documents

Purchase security systems for your business

Protect your digital information

Limit access to information

Periodically change passwords

Install virus and security software

Limit access to your hard-drive

Install effective firewalls