What is an insider threat?
An insider threat is a security risk posed by an employee, former employee, contractor, or vendor. Insider threats can result in fines, reputational damage, and loss of intellectual property. What…
Omni Hotels says customers’ personal data stolen in ransomware attack
Hotel chain giant Omni Hotels & Resorts has confirmed cybercriminals stole the personal information of its customers in an apparent ransomware attack last month. In an update on its website…
Decentralized Autonomous Organization (DAO)
A decentralized autonomous organization (DAO) is an emerging legal structure with no central governing body whose members share a common goal to act in the entity’s best interest. Popularized through…
What is digital identity?
Digital identity is the way a computer stores a record of an external person or system. It is closely related to authentication. What is digital identity? In access management, digital…
Too Big to Fail: Definition, History, and Reforms
“Too big to fail” describes a business or business sector so ingrained in a financial system or economy that its failure would be disastrous. The government will consider bailing out…
Best Buy plans to phase out sales of physical movies in the coming months.
NEW YORK (AP) — Best Buy is saying goodbye to movie-watching with physical discs. The consumer electronics retailer plans to phase out its DVD and Blu-ray sales by early 2024…
Barriers to Entry: Understanding What Limits Competition
What Are Barriers to Entry? Barriers to entry is an economics and business term describing factors that can prevent or impede newcomers into a market or industry sector limiting competition.…
Infrastructure: Definition, Meaning, and Examples
What Is Infrastructure? Infrastructure is defined as the basic physical systems of a business, region, or nation and often involves the production of public goods or production processes. Examples of…
Troubled Asset Relief Program (TARP), What It Was, How It Worked
What Was the Troubled Asset Relief Program (TARP)? The Troubled Asset Relief Program (TARP) was created and run by the U.S. Treasury to stabilize the country’s financial system, restore economic…