Small Business IT Security Basics, Part 2: Investing in Cybersecurity
Small businesses increasingly rely on information technology to reach new markets, increase employee productivity and lower operating costs. At the same time, theft of digital data has become the most commonly reported fraud, surpassing physical theft.
The average cost of cybersecurity incidents ranges from about $34,604 for a small business to $1.05 million for a large business. That’s why companies of all sizes need a strong cybersecurity strategy to protect their data — the lifeblood of their business.
In Part 1 of Small Business IT Security Basics, we listed five essential steps that every company should take. Here are the next five actions for small businesses, starting with making sure your entire team is engaged. Read more
