Protect Your Business Data in the Cloud

Cloud Storage

More companies are using the cloud for storage, software and even infrastructure services. Cloud services may be effective, but they can leave business, employee and customer data vulnerable.

It’s imperative that businesses develop basic security protocols to safely and securely deploy cloud-computing solutions.

What you can do to make sure your data is secure:

  1. Identify where risks exist. A business must first identify the primary function it’s trying to move to the cloud or where it already may be leveraging cloud-based resources.
  2. Dedicate time and resources to conduct due diligence. Make sure safeguards are used around sensitive data.
  3. Get specific in your service contract. Determine how your provider will respond to requests from law enforcement, regulators and third parties.
  4. Ask where your provider’s servers are located. Some regions may treat data access differently than others.

Click here to read the full article written by Eduard Goodman, Chief Privacy Officer for IDT911.

EMV Chip Card

EMV Chip Card

Because of the rapid increase in credit card fraud, card issuers in the U.S. are now migrating to the more secure EMV chip card payment technology.

Card Present fraud in the U.S. is expected to significantly decrease as more merchants and customers have EMV capability. In participating countries, EMV technology has reduced Card Present fraud by as much as 84%.

Switching to EMV can reduce the risk of fraud for your business and your customers. EMV chip cards are more difficult to counterfeit because they use a microchip to store account information. Upgrade your EMV equipment sooner, rather than later. Card fraudsters prefer easy targets and are expected to concentrate their efforts on merchants who have not upgraded to EMV.

Businesses will need to provide training to their employees on how chip cards work. Consumers will need to change their behavior from swiping to inserting their card into the reader and leaving it until the transaction is completed. Watch How to Use Your Visa Chip Card here. In addition, the way consumers tip will change with EMV technology. Tips will need to be added before the card is processed. For more information, visit or contact Altra’s Business Lending staff.

Improve Small Business Wi-Fi Security

Wi-Fi Security

Are you looking for ways to improve your small business network security? If so, we suggest reading this very informative article by Joseph Moran. He discusses eight tips that will help you improve your Wi-Fi network security. These are:

  1. Change the router’s default admin password
  2. Update your router’s firmware
  3. Protect your Wi-Fi network with a long, strong passphrase
  4. Disable Wi-Fi Protected Setup (WPS)
  5. Create a guest Wi-Fi network
  6. Switch to WPA Enterprise
  7. Reduce output power and/or relocate your router
  8. Physically secure the router

Technology is Revolutionary Business


According to Javelin Strategy and Research, 77% of U.S. adults will be using Smartphones by 2017. In addition, 38% of small business decision makers use Smartphones or tablets to help manage their businesses each day.

The larger the small business, the more likely the small business decision-maker uses smart devices to run their operations:

  • 28% among those with one to four employees
  • 36% for those with five to nineteen employees
  • 63% for those with twenty-plus employees

At Altra, we continue to invest in technology services to help you streamline your operations such as online access control of your accounts to help with security and MoneyDesktop which helps you set budgets and monitor spending categories. RoamPay is our newest introduction that allows you to process transactions on your mobile phone, regardless of location.

On the horizon, we will be offering commercial remote deposit. If you would like to know more about our technology services for businesses, please don’t hesitate to call us.