We have all heard of, and many of us have been victims of, cyber attacks and/or security breaches, Target Stores being one of the most recent. A recent Fortune article states that “Crime involving computers and networks has cost the world economy more than $445 billion annually, according to a June 2014 report by the Center for Strategic and International Studies.”
But you're a small company and we seem to only hear about the Targets of the world. So, is your company at risk? Manufacturing Innovation Blog discusses the statistics of cyber breaches in small businesses: “Verizon 2013 Data Breach Investigations Report found that 62 percent of breaches impacted smaller organizations. In 2011 the average cost to a small or medium-sized business from a cyber-attack was over $188,000.”
There are many resources available to help businesses learn more about how to protect themselves from being targeted by hackers. Many of these are listed in the abovementioned Manufacturing Innovation Blog. Additionally, NC State Industrial Extension Service, along with Guilford Technical Community College is pleased to host an informational seminar designed to educate business leaders on the importance of implementing the Cybersecurity Framework and its key components. This half-day program, Protecting Critical Infrastructure: Mitigating the Risk of a Cyber-Attack, will take place on July 25 in Jamestown, NC. To learn more and to register click here.