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New partnership will help small businesses prepare against growing cybersecurity threats

Small Business Majority

Technology has transformed the way small companies do business, allowing them to find new clients and sell their goods and services all with the click of a button. However, the rise of new technology can lead to severe security issues, and unfortunately many small businesses are unaware of measures they can take to help ensure the security of their and their customers’ information. To help address this problem, we’re excited to announce a new partnership with the National Cybersecurity Society (NCSS) to help educate small businesses about the importance of cybersecurity and steps to take to help prevent against cyber attacks.

This new partnership will provide our small businesses with access to expertise, tips on how to maintain a safe and secure business and access to discounted products and services. To get started, we encourage you to take the NCSS online survey to evaluate your business’ cybersecurity preparedness.

High-level security breaches are becoming a more regular part of the news cycle, from HBO’s cyberattack last month to the more recent hack of Equifax, which compromised the personal information of more than 100 million Americans. If the cybersecurity of these powerful corporations are at risk, then small businesses with much fewer resources certainly have cause for concern. 

Research shows too many small businesses are unprepared to combat this issue. Surprisingly, a 2017 poll by Manta found 87% of small business owners do not think they are vulnerable to cyberattacks. However, in 2016, 50% of the nation’s 28 million small businesses were victims of hacking, according to The 2016 State of SMB Cybersecurity report. The results of these attacks can be devastating—almost 60% of small businesses that suffer a cyberattack go out of business within six months.

Some small businesses put off implementing security measures, like installing antivirus software, because they are concerned about the cost and hassle of frequent updates. Others lack the knowledge or ability to adequately back up their data, and one in three small businesses have no safeguards in place at all, such as firewalls, antivirus software, spam filters or data-encryption tools. Additionally, many lack an IT department or formal Internet security policies for employees.  

It’s clear that initiatives to inform small businesses about the growing threat of cyberattacks are needed now more than ever. That’s why we’ll be working with NCSS to engage and educate small business owners about this issue.

Our goals are to provide small business owners with assistance and resources that help them to assess their cybersecurity needs and take action to protect themselves and their businesses. Don’t wait another day to protect your business from cyber criminals! Visit www.nationalcybersecuritysociety.org to learn more.