FBI Consultant Worries About Small Business Cyberattacks-and So Should You

By Frank Thompson on Feb 02 in BPN News.

FBI Consultant Worries About Small Business Cyberattacks-and So Should You

On May 22, 2015, FBI consultant John Iannarelli addressed the security threats facing small busi­nesses. “The cybercriminal is the 21st-century purse snatcher and pickpocket rolled into one,” he said. He then outlined three reasons why small busi­nesses are particularly vulnerable to cyberattacks:Customer data and other information is easier to access.Small businesses have fewer financial and IT resources with which to protect themselves.
PCI compliance won’t stop a data breach.

The threat from overseas hackers, former and current employees, business partners, and even negligence and human error is real for propane marketers, whose tech­nology assets are often more valuable than their property assets. And yet, a recent independent survey reveals chat only 12% of propane marketers have any kind of cyber liability coverage. A remarkable 69% of those surveyed also felt that their company’s exposure to a breach will only increase in the next cwo years.Read More

Add Comment

Top