In the last few years we have seen several news accounts of major data breaches involving big businesses, nonprofit organizations, banking institutions, and even government entities. While this is a major issue for these organizations, they generally have the expertise and means to fix the issue and ensure that the breach does not continue. But what about small businesses? Studies have shown that 90% of small businesses do not use any data protection at all for company information. However, last year 61% of cyberattacks were aimed at small businesses, and 60% of small companies that experience a breach go out of business within six months of a cyber attack.
What is a small business owner to do? The Alexandria SBDC recently presented a webinar with two experts to address what small businesses can do to minimize their cyber threats, particularly the very real threats involved with hiring employees, contractors and vendors. Patra Frame of Strategies for Human Resources, and Elizabeth Moon of Focus Data Solutions set forth in this webinar some concrete and simple steps that all business owners can take today to protect their company data. It should be viewed by all small business owners and their employees.