Stop assuming your cybersecurity is top-notch
Most small-to-midsize-business owners think their data is safe and secure – yet, they have no plan for a costly cyber threat.
Those are just some of the findings from a recent survey that found 77% of 1,015 small and medium-size businesses (SMBs) believe their business is safe from hackers, viruses, malware and cybersecurity breaches. However, 83% have no formal plan to address possible threats.
There’s more. Cyberattacks against SMBs have more than doubled, jumping from 18 percent in 2011 to 36 percent in 2012. Yet 66% of SMBs are unconcerned about cyberthreats, according to the survey, which comes from National Cyber Security Alliance and Symantec, a provider of security services and software.
Other findings include:
- 59% do not have a contingency plan outlining procedures for responding and reporting data breach losses
- 87% do not have an informal Internet security policy, and
- 70% do not have policies for employee social media use, even though social media have become an increasingly popular for phishing attacks.
How are you prepared for cybersecurity? Let us know in the comments below.
Free Training & Resources
Further Reading
Failed B2B payments can be disruptive in areas beyond cash flow. For instance, if your bank has to repeatedly put in extra work to process ...
Accounts Payable teams are contending with a new kind of fraud threat driven by generative AI. A recent report in American Banker described...
Excel is great for summarizing data in tables, charts and PivotTables. Here are a couple of time-saving methods for summarizing data in ...
“I can’t wait to sit in another hour-long meeting!” — said No One. Ever. It’s bad if an employee dreads it. It’s wor...
The Advanced Filter in Excel transforms routine data tasks into powerful analysis — perfect for finance, accounting, or anyone managi...
Some people in charge of a finance team have leadership quirks. They’re the kind of things that are obvious to the leader, but an...