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No Small Matter: Private Businesses Vulnerable

Breaches more likely to hit smaller companies

Thursday, October 11, 2012
No Small Matter: Private Businesses VulnerableWhile many of the most publicized hacking attacks affect large, well-known businesses, it's actually smaller enterprises that can find themselves most at risk for being ripped off.

Hackers tend to target smaller and medium-sized businesses for data breaches just as often as big companies, if not more so, according to a report from Infosecurity Magazine. The reason for this is that many smaller business owners might not have it in their budget to properly protect their data security, or might simply think such an incident can't happen to them. In either case, they are therefore more vulnerable to attack.

"Today's cybercriminals are no longer just trying to prove a point, but aiming to do legitimate damage through the theft of money and intellectual capital, or disrupting networks," Entrust CEO and president Bill Conner recently told attendees at a cybersecurity workshop in Oregon, according to the news site.

Ondrej Krehel, the chief information security officer for Identity Theft 911, has a blog about the ways data breaches can wreak havoc on companies large and small.

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