Breached Data Means Big Problems for Small Businesses

Proactive security measures for monitoring and managing data can save time and money for small businesses across a range of industries. Here are a few simple steps any small business owner can take to help protect against data breaches:

1. Establish data security guidelines. Small business owners should create data policies and provide adequate training to ensure employees are equipped to handle sensitive and personally identifiable information (PII). The National Cyber Security Alliance found that only 28 percent of U.S. small businesses have formal internet security policies, leaving the remainder at risk. Business owners should start by assessing how they collect, process and store data, along with identifying the individuals in their company who have access to various levels of information. This exercise will help in identifying risks and establishing policies and training unique to the business.