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Cyber Security Report Says Tough Times May Be Ahead for Small Businesses

Nashville, TN - December 16, 2011

Data security firm Kroll Fraud Solutions has released the results of their 2012 Cyber Security Forecast. The company’s Cyber Security and Information Assurance Division examined the security issues encountered by their clients in 2011 and used those to predict the top ten trends they expected to see next year. One major problem across the board, according to a Kroll official, is that organizations often approach their data security in the belief that they will not be a target.

Small businesses were singled out in the report as a particular target of potential security threats. The report points out that while so-called “hacktivism” may garner a greater share of attention, the big threat comes from ordinary data thieves, who will likely target small businesses as the “path of least resistance.” Often small business owners possess reams of valuable customer data, but lack the budget to properly secure it. This situation is complicated by the fact that small businesses also sometimes lack the funds to upgrade their data systems to the newest (and most secure) models or versions. These two factors combine to make small businesses a ripe target for data thieves, who could use a variety of methods to gain access to valuable customer and financial data.

 

Read the full article, by Shaylin Clark, at Small Business Newz.