Day: August 11, 2020

The sinking fortunes of the shipping box

Outside the Box: How Globalization Changed from Moving Stuff to Spreading Ideas

by Marc Levinson, Princeton University Press, 2020

In 2006, Marc Levinson, a former Economist journalist, scored a surprise hit with The Box, a history of the shipping container. He wrote the book in secret, because his early confidants couldn’t understand why he was writing about something as dull as a metal container. Yet Levinson knew that the subject of The Box was actually a launch point for a larger story: how containers standardized shipping, drove companies to change how and where they manufactured their goods, and, ultimately, accelerated globalization. When it was published, the craze for bigger ships and deeper ports was at its zenith; there seemed to be no limit to consumer demand for stuff. But in 2009, in the wake of the financial crisis, the world economy shrank for the first time since 1944, and

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Cybersecurity Practices That Protect Your Small Business

4 min read

Opinions expressed by Entrepreneur contributors are their own.

Success instills pride. Unfortunately, valuable possessions also attract thieves. Entrepreneurs think lack of customers, bad service and limited capital are what causes bankruptcy. Try being a victim of cybercrime.

A 2019 report by insurance carrier Hiscox found that 60 percent of companies that are victims of a cyberattack go out of within six months. The average loss is $200,000. That’s a hefty sum for startups, most of which are already reeling from the virus outbreak. Currently, 15 percent of small businesses do not expect to survive the recession, which means a cyberattack would have devastating consequences.

Here are cybersecurity practices that protect your business.

Train staff on security protocols

While big companies get all the media attention, hackers also exploit smaller organizations. It’s partly because criminals know that small firms have less resources

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