Symantec and the National Cyber Security Alliance issued a report last week on small company cybersecurity that found a dramatic disparity between small firms’ views and practices, as well as the need to improve online safety rules and procedures.
Among the significant results of the study are:
The Internet is used by 71 per cent of small businesses for day-to-day operations; 55 per cent of small business owners say that losing Internet access for 48 straight hours during a regular business week would be disruptive to their business; and yet, 59 per cent of small business owners say that they would not be affected by the loss of Internet access.
18% of all cyber-attacks in 2011 targeted small firms, according to a recent Symantec report. This number has risen to 36 per cent today. Several articles have been written in recent months regarding the massive increase in cyber-attacks against small businesses. Small company bank accounts are not protected by law, according to a New York Times report. As a result of federal law, sole proprietorships are not afforded the same protections as consumers.
It’s no secret that America’s small business community is concerned about the lack of critical infrastructure protection for our nation’s digital networks (including our financial, communications, and electric grids), coupled with the dramatic increase in cyber-attacks on small businesses and the inadequate protections afforded to small businesses under current federal law.