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
White Papers
Provided by Anaplan
Further Reading
Data cleaning is a critical step for financial professionals, ensuring that raw data transforms into reliable insights. Messy datasets w...
If your company’s employees are like most, they’d score a big fat F on a financial literacy test. Every year, the Teachers ...
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 ...
Believe it or not, more than 80% of workers like their employers’ Paid Time Off (PTO) packages. But that doesn’t stop a surpris...
Maintaining context for entries is critical in finance. Excel’s Comments (for collaboration) and Notes (for personal reference) allow you...
Rounding is often treated as a final formatting step, but relying solely on cell formatting (the visual “decrease decimal” butt...