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The Many Myths of Cyber Security Still Believed by Small Businesses

The Many Myths of Cyber Security Still Believed by Small Businesses

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The Many Myths of Cyber Security Still Believed by Small Businesses

Cyber Breaches Can be Prevented

• Can cyber breaches be prevented? No

• Data breaches are not a matter of if but when.

If it not possible for any Fortune 50 firm with a annual cybersecurity budget

touching nine digits to prevent cyber attacks, neither can you.

Effective cybersecurity is more about guarding the vital resources of a company

making it difficult for them to leave the building premises.

A thoughtful is also essential for post-breach resilience.

The Common Myths Confusing Small Companies

In the past couple of years, several small companies have said because they do not

process credit/debit information, this area is not a cause for concern.

This is absolutely wrong on their part. Hackers have varied goals, ranging from

espionage to terrorism, to mild damages to massive breaches, to

misappropriation.

Credit/debit card data is certainly a target, but so are intellectual property,

customer lists, personal information, strategy memos, and other non-public

data.

Cyber Hacks only Involve Credit/Debit Cards

No coverage completely addresses the quality and scope of a company's physical and data security protocols, system-network architecture, and corporate risk

culture..

The cyber coverage usually falls short of these expectations and exclude more

than they claim to actually cover.

Ensure that the cyber policy is drafted after extensive, informed security

assessments of your firm. It should not just a standardized form sent through

mail.

There is Cyber Coverage For Us

This is probably the most common blunder committed by a small company.

Most boardroom cybersecurity oversight consists of a IT lead making periodic

presentation on the firm's antivirus and firewall software.

With less number of security experts, most boards just exhale on hearing an IT

update; something they were unaware till that moment.

Cybersecurity is just a part of IT but not whole IT. It is also a matter of employee

training, physical security, and corporate culture.

The IT Team Will Take Care

Although it is admirable to disclose a data breach in front of everyone, this can put a business at a disadvantage.

Take the Target data breach for instance. The nature and size of the breach

expanded massively with each press release.

Even after being detected, malware can morph and cause further damages.

It is unlikely that the first information a business received about a breach will be

comprehensive and precise. So be cautious not to complicate a issue by

voluntarily misrepresenting it.

Disclosing a Cyber Breach

More Informationhttps://blog.whichssl.com/2013/10/massive-security-breach-confirmed-by-adobe/