Sign up to receive news and updates
HOME   |   CONTACT    Facebook Twitter LinkedIn Google+ Instagram logo Subscribe to MBDA Newsletter

You are hereHome > Technology and Business > Technology and Business

Technology and Business


  • Submitted on 14 March 2017

    Recruitment now underway to help increase small business development in underserved communities 

    The U.S. Small Business Administration today announced the launch of the 2017 Emerging Leaders Initiative, a seven-month executive-level training series targeting small businesses with high-growth potential in underserved cities across the nation.  This year, three new cities have been added, bringing the number of participating communities to 55.

  • Submitted on 14 March 2017

    Businesses often ask: “If I comply with the NIST Cybersecurity Framework, am I complying with what the FTC requires?” Maybe you read our blog explaining how the NIST Cybersecurity Framework relates to the FTC’s work on data security? Now, check out this related video featuring Andrea Arias, an attorney in the FTC’s Division of Privacy and Identity Protection.

  • Submitted on 08 March 2017

    Fintech Series: Crowdfunding Peer-to-PeerFinancial technology remains a hot topic for consumers, offering the possibilities of increased convenience and access to financial services at a lower cost. As part of its FinTech Forum series, the FTC continues to promote public discussion of the ways in which innovative FinTech services – many provided by non-banks and technology companies within the FTC’s jurisdiction – can benefit consumers and the potential issues for stakeholders to keep in mind. Like the first FinTech Forum on marketplace lending, the FTC’s second FinTech Forum brought government and industry participants, consumer advocates, and other stakeholders together. They discussed two evolving types of financial technology: peer-to-peer payment systems and crowdfunding platforms.

    Peer-to-peer payment systems are online services – often mobile apps – that allow consumers to exchange money electronically. Millennials may account for the majority of early adopters, but as two panelists pointed out, people across all age groups use peer-to-peer payment systems and these services are expected to grow among older users. Some panelists touted the potential benefits that peer-to-peer payment services offer consumers, including convenience, speed, and the relatively low cost of sending money, and suggested that benefits like that could be particularly important to consumers in financial distress.

  • Submitted on 08 March 2017

    National Consumer Protection WeekThis week is National Consumer Protection Week, but what the FTC does to protect consumers is only part of the story. We also work hard to help small business get down to business. Here are just a few examples of what we’re doing to protect your business from deceptive practices.

    Fighting fraud that targets small business.  Scammers have smaller companies in their sights. The FTC has gone to court to challenge the conduct of telemarketers who claimed to offer bargain rates on office supplies, but then allegedly overbilled small businesses and sent additional shipments without authorization. Or it may start with phony messages that companies are about to lose their URLs if they don’t fork over a renewal fee. Other fraudsters send fake invoices, hoping that busy workers will simply pay up. In a variation on the scheme, con artists call companies claiming they need to “verify” an order or a mailing address. If an unsuspecting employee confirms the contact information, the scammers later try to claim that’s “proof” the order was authorized. If business owners dare to fight back, they’re threatened with lawsuits, damaged credit – or worse.

  • Submitted on 16 February 2017

    CautionNow that W-2’s are arriving, it’s time to consider how to stay safe from tax season scams. Every year, unfortunate taxpayers go to file their returns and are shocked to find that someone else has filed a fraudulent one in their name! Some innocent people also receive fraudulent phone calls from criminals impersonating tax officials. Sadly, tax fraud has only become more widespread and digital communication has opened new ways for it to happen.

    While the Internal Revenue Service (IRS) reports on multiple tax-payer related scams, and even publishes a "Dirty Dozen" list, three scams variants are worth highlighting: Phishing and Malware Schemes; Identity Theft and Falsely Filed Tax Returns; and Impersonation Scams. Once criminals have your information, they can also continue to commit identity theft well beyond tax season. Here are some details on each of these scams, along with how to identify them and seek help in case of identity theft.

    Phishing and Malware Schemes:

  • Submitted on 26 January 2017

    Learn about identity theft, new imposter scams targeting businesses, cybersecurity practices to reduce your risk, data breach avoidance and response, and free resources to help you protect your business, employees, and customers.
     
    Speakers from the FTC and IRS will discuss:

  • Submitted on 28 December 2016

    Only a few more days of indulgent holiday gatherings, vacation, and movie marathons before it is time to commit to your New Year's Resolutions of eating better, exercising more, and flossing every day. For those of us running a business, or thinking of starting a business, the New Year is also a great time to make a few business-minded resolutions. Here are our top six #BizGoals suggestions:

    1. Learn to delegate. Even if you are a one-person business, figure out what you can outsource. This will allow you to focus on managing and growing your business.  

  • Submitted on 07 December 2016

    In this month's issue, we'll focus on another aspect of the holiday season: that new device you get or give during the holidays. Whether it's a smartphone, laptop, desktop, tablet, or another device, check out the below tips to help you protect your new technology and secure your personal data.

  • Submitted on 23 November 2016

    For the first time, the Census Bureau has collected information about ownership of intellectual property in its 2012 Survey of Business Owners (SBO). We now have data to verify what we’ve known for some time—minority business owners are innovative and forward thinking. Based on 2012 SBO results, minority-owned firms equal the rate of patent ownership of nonminority firms. For both groups, one half of one percent of businesses own one or more patents.

    When you look closer at both groups (minority and nonminority firms), it appears that a huge disparity exists. Average earnings for minority-owned firms that own patents are $2.1 million per year, compared to $8.1 million for their non-minority counterparts.

  • Submitted on 03 November 2016

    Want something old and something new, all in one? Check out the FTC’s updated “Protecting Personal Information: A Guide for Business.” It’s the same principles that we’ve relied on for years, but with a new twist.

    You’ll find the latest tips about technologies that have emerged since we last published the guide. And a fresh look to match the Start with Security business education campaign.

    The updated version relies on the same bedrock principles: (1) Take Stock, (2) Scale Down, (3) Lock It, (4) Pitch It and (5) Plan Ahead. And the new twist? Here’s a glimpse of some of the updated advice:

 

Quote: The Best Way to get something done is to begin.

Upcoming Events

About MBDA

Facebook Twitter LinkedIn Google+ Instagram  Subscribe to MBDA Newsletter