We have been discussing various ways that Connecticut small businesses have been affected by cyberattacks, but small businesses aren’t the only victims. As recent news stories have shown, government has to be wary of hackers as well. Whether it’s the Russians trying to affect the outcome of an election or cyber crooks hunting for Social Security and employment records, government agencies also are being targeted for cyberattacks. There is no central authority for government cyber security, so each federal agency and state is responsible for protecting its own data. Some states fare better than others, and how they choose to tackle cyber security can have a big impact on small business.
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Data security is a concern for anyone who runs a Connecticut company, but surprisingly, Connecticut entrepreneurs and CEOs may be the worst offenders when it comes to opening up the corporate enterprise to potential security risks.
The risk from ransomware is real and threatening Connecticut businesses. If you doubt that statement, consider the chaos created by the WannaCry/Petya virus in recent weeks. This malware attack rapidly spread worldwide, disrupting global businesses and costing companies millions in lost revenue and trying to kill the virus. Connecticut small to medium-sized businesses (SMBs) are particularly vulnerable to this type of malware attack.
Company data security is not just the responsibility of the IT department. No matter what the size of your CT business, Human Resources needs to stay on top of securing employee and corporate data. Data security isn’t just a technical issue, it’s a people issue, and unsuspecting employees account for most corporate data breaches. In fact, 66 percent of data security professionals point to employees as the weakest link in corporate data security.
With all the concerns facing CT business owners, cybersecurity does not top the list for most. However, cyber threats and data breaches are on the rise, and hackers and cybercriminals are focusing their attentions on smaller businesses that are less likely to have robust security measures in place. In fact, cybercrime has become so commonplace that the question today is not whether your systems have been breached, but when they were last breached.
Every business needs to protect itself from cyberattacks, and understanding more about the nature of data breaches is the first step.
