Freddie Mac CFO Found Dead—Apparent Suicide

  Government and Economy Freddie Mac CFO Dies—Police Investigating Probable Suicide Freddie Mac Acting Chief Financial Officer David Kellermann, 41, was found dead early today in the basement of his home in a Washington suburb, police said. Lenders Still Cool Toward Small Business According to NFIB survey data, in March, fewer small businesses reported that their borrowing needs had been met during the previous three months than at any point since well before the recession began. Management and Financial Issues... [Read Full Article]

Ransomware: Paying for Your Own Files

We have discussed computer security on this page before. Making sure your IT systems—even of that translates into a humble desktop unit that dates to the Clinton Administration—are safe and secure is important for any business of any size. After all, any loss of data can easily have repercussions far larger than the loss itself. But what if something happens—some nasty bit of malware infects your computer—and instead of losing your data, you are forced to pay to be able to access it? Yes, you read it right: What if your files were being held for ransom right on your own hard drive? They call it ransomware, for obvious reasons. It works by hitching a ride on a Trojan horse virus or some other piece of malware your system isn’t ready for. Once there, instead of shutting you down or having all your personal information e-mailed to the hacker that sent the thing to you, it works by making encrypted copies of your files and then erasing the originals. T... [Read Full Article]