When it comes to small businesses and cybercrime, the statistics are frightening. Forty-three percent of all cyber attacks worldwide target small businesses, and 60 percent of small businesses that are victims of a cyber attack go out of business within six months. Cybercrime costs businesses more than $2.2 million every year and, in 2019, there was a 424 percent increase in new small-business cyber breaches. Simply put, the digital world is dangerous for entrepreneurs.
Of course, that's not going to stop you trying to push your business to the top, so you might as well take some precautions. For instance, the Winston Privacy Filter.
Winston is a plug-and-play device that gives you control over your digital privacy. Unlike VPNs, anti-malware, and other subscription cybersecurity products, with Winston, you only pay once and you're covered whenever you plug in. Not only does Winston cloak your location and identity from anyone creeping on your network, but it also blocks malware and adult content, filters out ads and trackers, and more. The end result is a cleaner, faster, more secure browsing experience that keeps your small business safe.
Winston works on every device in your home or office, from computers and smart TVs to tablets. You can protect mobile devices with the iOS and Android apps and encrypt your internet to prevent hacks and identity theft. Winston uses smart cloaking to route high-risk traffic over a zero-logging, proprietary distributed Privacy Mesh network, making it extremely difficult for your location and identity to be tracked. Best of all, there are no subscription fees.
Protect your digital life and improve your browsing experience on every device. Get the Winston Privacy Filter for 10 percent off today at $179.
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Featured Article: Calculating net profit and net profit margin ratio7 Hotel Stocks Just Waiting For the Vaccine
Like any group of stocks related to travel and tourism, hotel stocks saw a steep drop in share prices in 2020. The leisure and hospitality sector that once had 15 million employees has lost 4 million jobs since February.
Many major cities will be feeling the ripple effects of the Covid-19 pandemic for years. However, there is ample evidence that shows the pandemic may be coming to an end. The number of new cases is dropping. The number of those getting vaccinated is rising. And even in the cities with the most restrictive mitigation measures, the slow process of reopening is beginning.
All of this can’t come fast enough for individuals who rely on the travel and tourism industry for their livelihood. Hotel chains had at least some revenue coming in the door. And when earnings season concludes, the more budget-friendly hotel chains may realize revenue that is 75% of its 2019 numbers. But that is not enough to bring the hotels to anywhere near full employment. Particularly with hotels that have bars and restaurants that have remained closed or open at limited capacity.
Many economists are optimistic that travel may begin to look more normal by the summer of this year. And the global economy may deliver 6.4% GDP growth this year. With that in mind, the hotel chains with the best fundamentals and the broadest footprint will be in the best position as the economy reopens.
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