Data Breaches - A Matter of When Not If
You hear on the news all of the time about big cyber-attacks on large corporations, and even government agencies. By only hearing about the trouble that large businesses go through it misguides people to think that just because they own a small business they are in clear when it comes to data breaches. These attacks are not only hitting large organizations.
According to the Small Business and Entrepreneurship Council, businesses with less than 20 employees made up 88 percent of the US business. Small firms represent a significant portion of those who face cyber attacks. Being small doesn't mean that you are not a target. In fact, small firms can be used as conduits to larger organizations. That is likely what happened in the case of Target Corporation back in 2013.
If you're a small business, then you're a target for cyber criminals. Last year, over 50 percent of small to medium size businesses were the victims of cyber attacks.
How would you respond to a cyber-attack?
According to Tech IT Out, 31 percent of small to medium sized businesses do not have a plan of action for responding to IT security breaches, and 22 percent admit that they lack the expertise to make such a plan. A data breach can be disastrous and expensive.
Your response determines whether it's a survivable disaster. You need to have a statement for customers ready, quickly access backups and access to professionals with experience in disaster recovery and business continuity.