Small Businesses Stand to Lose Big if Hit By Cyberattack, Columbia Regional Business Report
In an article published on June 30, 2017 by the Columbia Regional Business Report, Atlanta attorney Bess Hinson discusses why small businesses stand to lose big if targeted by a cyberattack. Cyber theft is at a high, and it doesn’t show signs of slowing down. It is predicted that cyber crime global damage costs could hit $6 trillion annually by 2021, according to a report from CSO, and that by 2020 more than 200 billion devices will be connected to the internet around the globe. Small businesses are particularly vulnerable to these attacks. “Small business owners take on a certain responsibility when they acquire information from their employees,” Ms. Hinson told the publication. “Names, Social Security numbers and driver’s license numbers are just some of the identifiable information owners are legally obligated to keep confidential.” You may read the full article here.