Yearly Archives: 2012

Business Networks at Risk from Cybercriminals

While 2011 was seen as a success for cybercriminals worldwide, it seems 2012 may be no different as nearly 71 percent of merchants store unencrypted payment card data on their business network, according to SecurityMetrics’  second annual Payment Card Threat Report.

Unfortunately, only one quarter of a percent (.24 percent) of card data storage on corporate systems declined between 2011 and 2012. Industries that accounted for over half (55 percent) of the total unencrypted payment data storage among businesses included the financial, hospitality and retail industry.

Newtek to Present at Micro-Cap Conference

Newtek, The Small Business Authority, announced today that it has been invited to present at the Sidoti Semiannual Micro-Cap Conference at the Grand Hyatt New York Hotel on Monday, January 7, 2013 at 3:30pm EST. Barry Sloane, President and CEO, will be available during the day for one-on-one meetings. To schedule a meeting, please contact your Sidoti representative. A copy of the investor presentation that will accompany management’s group presentation will be available at

For additional information, please email or send a message direct on twitter, The
or SloaneBarry.

IDC Raises Tablet Sales Forecast, Again

Well, this is quite funny. For the third time this year, research company IDC has raised their tablet forecast for 2012 and onward. According to analysts, the tablet market is set to ship 122.3 million units in 2012, up from their previous prediction of 117.1 million units.

The latest update from their report entitled, Worldwide Quarterly Tablet Tracker, also states that 172.4 million units will be shipped in 2013, up from 165.9 million units. Additionally, it is estimated that 282.7 million units will be shipped in 2016, up from the previous forecast of 261.4 million units.

Cloud Storage Mkt. to Reach $46 B by 2018

A recent report, Cloud Storage Market – Worldwide Forecasts & Analysis (2012-2018), published by MarketsandMarkets, found that the cloud storage market is expected to grow from $5.6 billion in 2012 to $46.8 billion by 2018 – an estimated CAGR (compound annual growth rate) of 40.2 percent.

Of the global cloud storage markets, North America leads with the largest share of 60 percent of the overall market. Cloud storage in North America is estimated to have revenue of $3.4 billion for 2012, and is expected to reach $21.8 billion by 2018 – at a CAGR of 33.8 percent from 2013 to 2018.

50 Percent of Companies Ignore Cyber Threats

Nearly half of companies today say they are unaware about the potential security threats they may face, according to a survey conducted by market research agency B2B International on behalf of Kaspersky Lab.

Not only do companies lack knowledge about cyber threats, but 58 percent of the IT professionals surveyed said they lack resources in both staffing and improving IT security systems. As a result, IT professionals say their organizations are unable to cope with cyber security threats.

According to the company release, a lack of staffing was mainly due to poor understanding among senior managers of the reasons why IT departments exist.

Custom Holiday Cards – No Designer Required

The holidays are nearly upon us and if you haven’t started thinking about holiday greetings for your clients yet, the clock is ticking. Have you put off tackling this project because you want to send a custom card but don’t know where to start? Stop procrastinating now because custom, branded cards are not only easy to create yourself, but also very affordable.

So, maybe you haven’t been thinking of sending out holiday greetings. Here are some reasons to consider donning your celebratory attitude instead of your Scrooge hat this year:

The SB Authority Index Shows Continued Growth

Newtek Business Services, The Small Business Authority, has released its SB Authority Index of small business indicators for November 2012 – reaching 115.52 points. Newtek’s proprietary merchant processing volume and the Russell Microcap Index led the increase. The SB Authority index is up .47% from October 2012.

December – Holidays and Tax Considerations

Should you be changing any planned spending for the end of the year based on tax law changes? Now is the time to be thinking about filing your 2012 taxes and how they may be impacted by the uncertainty of tax law changes that may, or may not, happen before the end of the year.

Many different areas of the internal revenue code have changed or may change and effect your tax filing for the year. The list below highlights some of the areas that could impact small businesses. Be sure to consult with your tax professional for the latest information and to understand how the changes affect you specifically.

Social Media Business Users Beware

Have you posted any photos with Instagram lately? How about any of your friends? Well for those that did, congratulations! It seems your photos could soon be seen anywhere and simultaneously making money – for someone else?

Say What?

Well, Facebook acquired photo powerhouse Instagram just 3 months ago, and with the acquisition came also newly authored Facebook fine print consisting of  “a perpetual right to license all public Instagram photos to companies or any other organization, including for advertising purposes.”

U.S. Claims 5 of Top 10 Fastest Supercomputers

The United States reigns supreme once again as the country holds five out of the world’s top 10 supercomputers.

The Top500 list was compiled by Hans Meuer, professor at the University of Mannheim in Germany, where he has kept record of all new supercomputer developments since 1986. Other contributors to the list include: Erich Strohmaier and Horst Simon of Lawrence Berkeley National Laboratory, and Jack Dongarra of the University of Tennessee.

Claiming the number one position in the Top500 list, the Titan, a Cray XK7 system installed at Oak Ridge National Laboratory in Tennessee, is said to be the fastest and most powerful computer in the world.