Costly Mistake #3: Belief that you are not a 'valuable target' for cybercrimes

by Yehuda Cagen 4. December 2009 08:56


I hate to beat a dead horse with the data security topic, but it's become increasingly clear that many small business executives feel that they're  too "small" or "insignificant" to be a target of cybercrime. As a result they don't take the proper steps to secure their organization's most critical asset.

Back in September, we published a report on the "Five Most Expensive Expensive Mistakes in Having Onsite Servers". (You can request a copy here.) The belief that you are not a 'valuable target' for cybercrimes was Costly Mistake #3 on our list. Here's an excerpt:

The U.S. Secret Service reported in September 2009 that, since larger corporations are pursuing data security with significant resources, cyber criminals are increasingly targeting more vulnerable small and medium-sized businesses.

"Smaller businesses often believe they're better protected than they really are, because they don't have experts to advise them on what else they should be doing,” said Steve Cole, president and CEO of the Council of  the Better Business Bureaus. As of mid-2009, there about a million new malicious programs created each month with the intent to steal information. Just as there is cost involved in protecting data, there is also a cost in not protecting it.

According to security leader Symantec, the risk of data loss increases in a bad economy. This is likely attributed with the unfortunate rise in the number of employees leaving their companies during the recent economic downturn - with a whopping 59% leaving with confidential corporate data (more on this topic in a later post).

The risk of data loss also increases when employees work from home - many times, on more vulnerable home office computers. Make sure your employees have secure remote access to corporate data whether they log in to your own infrastructure or through a managed servers.




Add comment

(Will show your Gravatar icon)

  Country flag

  • Comment
  • Preview

About IsUtility®

IsUtility® is a turnkey  Houston infor-
mation technology
solution that
brings accountability back to the IT
services industry. We've already
invested in your business - all the
servers and remote pc support -
eliminating the costs and risks of
owning  an onsite IT infrastructure.

Ask The Experts!

Send your IT questions directly to our knowledgeable experts. Since 2000, we’ve helped executives just like you make sense of business technology!
Your Question

Message was successfully sent

Email Newsletter icon, E-mail Newsletter icon, Email List icon, E-mail List icon Join our FREE Email Mailing List
For Email Marketing you can trust
Follow Us facebook twitter LinkedIn