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Shred-it® Annual Data Protection Report Finds Vulnerable Small Businesses Risk Losing More than Money

Retrieved on: 
Tuesday, October 24, 2023
Small business, Identity Theft Resource Center, Face, Legislation, Fear, Stericycle, SBL Cup, Risk, Identity, DPR, Risk management, Cryptocurrency

BANNOCKBURN, Ill., Oct. 24, 2023 /PRNewswire/ -- Shred-it®, a leading secure information destruction service by Stericycle, Inc. (Nasdaq: SRCL), announced today the release of its 13th annual Data Protection Report (DPR), revealing crucial insights on information security concerns and challenges that small business leaders (SBLs) face. The report—titled "Vulnerable Small Businesses Risk Losing More than Just Money"—reveals perceptions of the current regulatory landscape and top barriers to compliance as well as assesses the demand for assistance from external partners.

Key Points: 
  • Eighty-one percent of consumers would stop engaging with a brand online following a data breach, stated a Ping Identity consumer report .
  • Our 2023 Data Protection Report found that SBLs recognize that information and data security are critical in building and retaining strong relationships with customers.
  • However, many are still at risk of losing customers and related revenue if sensitive physical and digital data protection becomes compromised.
  • The full 2023 Data Protection Report provides actionable recommendations for small business leaders to help keep their digital and physical data secure as well as best practices to remain educated about changes in data protection legislation.

Shred-it Annual Report Finds Data Protection Vital for Small Businesses

Retrieved on: 
Tuesday, August 23, 2022
Identity, Legislation, Research, Insurance, Solution, Stericycle, Education, Organization, Unemployment, Small business, Privacy, Nasdaq, Compliance, SBL Cup, Face, Identity Theft Resource Center, VPS, DPR, Online shopping, Risk management

BANNOCKBURN, Ill., Aug. 23, 2022 /PRNewswire/ -- Shred-it, a leading information security service provided by Stericycle, Inc. (Nasdaq: SRCL), today announced the release of its 12th annual Data Protection Report (DPR), revealing key insights and expert perspectives on the ever-evolving information security landscape and the challenges small business leaders (SBLs) face. The report—titled "The Vital Importance of Data Protection for Small Businesses"—reveals gaps and opportunities in data protection, education and navigating the regulatory landscape.

Key Points: 
  • The reporttitled "The Vital Importance of Data Protection for Small Businesses"reveals gaps and opportunities in data protection, education and navigating the regulatory landscape.
  • Small business leaders report remote work (69%), employee turnover (63%), and supply chain vulnerabilities (60%) as the driving factors of data protection challenges and concerns today.
  • Shred-it releases its 2022 Data Protection Report during a time when small businesses are facing new and larger threats to data protection.
  • The full 2022 Data Protection Report provides actionable recommendations for small business leaders to keep their digital and physical data secure as well as best practices to remain educated about changes in data protection legislation to ensure compliance.

Lument Named a Top Three Optigo® Small Balance Loan Lender by Freddie Mac

Retrieved on: 
Tuesday, February 8, 2022
Industry, Freddie Mac, Head, Orix, FHA, Solution, DUS, Securities & Exchange Commission of Pakistan, SBL, Freddy, Fannie Mae, U.S. Securities and Exchange Commission, USDA, SBL Cup, LLC, Bank

NEW YORK, Feb. 8, 2022 /PRNewswire/ -- Lument was recently named a 2021 Top Optigo lender by Freddie Mac for its Small Balance Loan (SBL) program.

Key Points: 
  • NEW YORK, Feb. 8, 2022 /PRNewswire/ -- Lument was recently named a 2021 Top Optigo lender by Freddie Mac for its Small Balance Loan (SBL) program.
  • In total, Freddie Mac closed $70 billion in multifamily loan volume including conventional, targeted affordable, manufactured housing communities, seniors housing and SBLs.
  • Lument provided a $7.3 million Freddie Mac SBL to acquire Tobias Avenue Apartments, a 57-unit multifamily community in Panorama City, California.
  • Lument is a Fannie Mae DUS, Freddie Mac Optigo, FHA, and USDA lender.