cyber security: why your business needs protection & prevention measures

Why your business needs prevention & protection measures.

[in-fer-mey-shuh n si-kyoo r-i-tee], noun

1. the safeguarding of your organization’s information and information systems

from unauthorized access.

Loss of confidential information and data

breach liability are

HUGE RISKS for businesses.

When cyber security is not part of your business process, it leaves a company vulnerable to a range of security issues.

When cyber security is not part of your business process, it leaves a company vulnerable to a range of security issues.

The average cost of data breaches reached over

$3.5 MILLION in 2014!

Why is it vital in 2015?

In 2013:

In 2013:

61% of all targeted attacks were against small and medium sized businesses.

In 2013:

61% of all targeted attacks were against small and medium sized businesses.

There was a 91% increase in attacks against businesses.

In 2013:

61% of all targeted attacks were against small and medium sized businesses.

There was a 91% increase in attacks against businesses.

There was a 62% increase in the number of breaches.

In 2013:

61% of all targeted attacks were against small and medium sized businesses.

There was a 91% increase in attacks against businesses.

There was a 62% increase in the number of breaches.

More than 552 million identities were exposed via breaches.

Small business cyber attacks have nearly doubled since 2011!

Cyber breaches can extend beyond a company’s firewalls. When this happens, contractors are also

included within the realm of risk.

What assets are most valuable to the business?

What assets are most valuable to the business?

Where are these assets supposed to reside and where do they actually reside?

Who has access to them and how are they managed?

What assets are most valuable to the business?

Where are these assets supposed to reside and where do they actually reside?

Conduct a cyber vulnerability or penetration test at least once per year.

Conduct a cyber vulnerability or penetration test at least once per year.

Can any unintended parties access critical assets?

Up to 30% of data breaches are due to the operation of a negligent employee or contractor.

Accept that security will be compromised.

Accept that security will be compromised.

Consider “cyber” in all activities.

Accept that security will be compromised.

Consider “cyber” in all activities.

Focus on critical information assets.

Accept that security will be compromised.

Consider “cyber” in all activities.

Focus on critical information assets.

Be prepared to respond.

Get the basics right.

Accept that security will be compromised.

Consider “cyber” in all activities.

Focus on critical information assets.

Be prepared to respond.

Chris Roach is Managing Director at CBIZ Risk & Advisory Services. If you have questions about cyber security and what it means to your business, Chris can be reached at croach@cbiz.com.

For more information, visit www.cbiz.com/cybersecurity