Cyberattacks have affected nearly half of all small businesses.€¦ · Cyberattacks have affected...

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www.cybersafesmallbiz.com Cyberattacks have affected nearly half of all small businesses. Safeguard Your Business from Financial Hardship or Closure Here’s How

Transcript of Cyberattacks have affected nearly half of all small businesses.€¦ · Cyberattacks have affected...

Page 1: Cyberattacks have affected nearly half of all small businesses.€¦ · Cyberattacks have affected nearly half of all small businesses. Safeguard Your Business from Financial Hardship

www.cybersafesmallbiz.com

Cyberattacks have affected nearly half of all small businesses.

Safeguard Your Business from Financial Hardship or Closure

Here’s How

Page 2: Cyberattacks have affected nearly half of all small businesses.€¦ · Cyberattacks have affected nearly half of all small businesses. Safeguard Your Business from Financial Hardship

MIKE’S AUTO PARTS

RECOVERY:

DAMAGES:

Mike’s car parts store uses an online ordering system that supports more than 80% of their revenue. His business recently suffered a data breach. Shortly after they received a notification from law enforcement that a criminal had stolen 650 data records from their customers. Those records included credit card information, customer names, addresses, and phone numbers.

To recover from this data breach they had to hire a certified forensic investigator to examine the company’s infrastructure to meet the Payment Card Industry(PCI) Data Security Standards.

1. Notification letter cost 5. Regulatory Fines

3. Forensic examination fee 7. Liability fraud lawsuits($250-$350 an hour)

($5000-$100,000 per month by PCI)

2. Lawyer fees 6. Identity monitoring for victims

4. Cost of business interruption 8. Reputation Damage

2Data Breach Cost Calculator: https://eriskhub.com/mini-dbcc

Forensic examination fee: http://newyorkcomputerforensics.com/computer-forensics-faq/PCI penalty: https://www.pcicomplianceguide.org/faq/

According to the NetDiligence Data Breach Cost Calculator if your small business lost 500 records the average cost would be a total of $686,348 at $1,373 per record stolen.

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The Orange County Inland Empire Small Business Development Center Network created a free resource called

CyberSafe, which is designed to help protect your business from cyberattacks.

CYBERSAFE TOOLKITS Download the

cybersafe toolkits to help you understand

the latest safeguards in cybersecurity.

CYBERSAFE PLANNER Use the cybersafe

planner to help you strategize against

cyberattacks and provide employees guidance to manage a threat or

breach.

Step 1

Visit Us Now: www.cybersafesmallbiz.com

CYBERSAFE ASSESSMENT Take the cybersafe

assessment to help you evaluate and identify where your business

needs help.

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Step 2 Step 3

CYBERSAFE Your Business with these 3 Steps

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What data should you protect?PROTECT YOUR BUSINESS

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CREDIT CARD NUMBERS

FINANCIAL ACCOUNT

USER NAME AND EMAIL

MEDICAL / HEALTH INFORMATION

SOCIAL SECURITY NUMBERS

DRIVERS LICENSE / GOVERNMENT ID

DID YOU KNOW...Each record that a hacker steals can cost your business around $225. In other words, if the hacker steals 100 files of customer data, the cost to your business may be around $22,500.

Go to cybersafesmallbiz.com today to learn more.IBM & Ponemon Institute “2017 Cost of Data Breach”

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Common causes of cyber attacks on small businesses:BE AWARE

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THIRD PARTY MISTAKES

BAD PASSWORD PRACTICES

PHISHING ATTACKS

VIRUSES

UNSECURE CONNECTIONS

NEGLIGENT EMPLOYEE OR CONTRACTOR

The most common attack against small businesses is phishing.DID YOU KNOW...

Go to cybersafesmallbiz.com to learn more5

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CyberSafe Toolkits provide you with a detailed list of tools to protect your data.Learn more at www.cybersafesmallbiz.com6

10 Tips to CYBERSAFE Your Data

Don’t use public WIFI connections

Change passwords periodically 60-90 days

Update your operating system and software regularly

Delete confidential data that is no longer needed

Train employees to identify risk

Keep track of all devices owned by your business and what is on them

Make and provide individual accounts for all employees

Limit access to high valued data

Implement strong password practices

Back up data

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Is This You?

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Visit Cybersafe to see how these owners safeguarded their businesses and how you can assess if your business is cybersafe.

RACHEL - RESTAURANT OWNER MATT - DOCTOR’S OFFICE DAVID - MANUFACTURER ANGIE - GYM OWNER

Rachel did not think running an up to date POS system was important until she got hacked. See what steps she took to train her employees.

Matt did not think training his employees on phishing was important until one of his employees clicked on an email that cause his data to be breached. See what steps he took to train his employees.

David had not realize his business had been hacked due to a flash drive an employee plugged into a computer. See what steps she took to prepare.

Angie did not know what to do when her systems went down as a result of an employee clicking an ad. See what steps she took to prepare.

Visit CyberSafe Today!

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Helping Businesses Start, Grow and Succeed www.ociesmallbusiness.org. | 1-800-616-SBDC (7232)

ABOUT

The Orange County Inland Empire Small Business Development Center (SBDC) Network provides no cost business consulting and low-cost training programs in business operations and management, marketing, funding, and business planning to current and aspiring entrepreneurs throughout the counties of Orange, Riverside and San Bernardino.

CYBERSAFE is an awareness program of the OCIE SBDC Network.

The Orange County Inland Empire SBDC Network is hosted by California State University, Fullerton and funded in part through a Cooperative Agreement with the U.S. Small Business Administration. Funding is not an endorsement of any product, opinion, or service. All programs and services are extended to the public on a nondiscriminatory basis.

www.cybersafesmallbiz.com