Today’s edition of the LA Times features Stan Stahl of Citadel describing the increasing risk of cyber attack to small and medium sized businesses across varied industries. Though attacks on large multi-national companies make the news every week, small and medium sized businesses are also very much at risk and frequently suffer serious and costly breaches. A small, under protected business is an all too easy target for cyber thieves.
Effective cyber security management not only guards against the high costs of a breach; more and more it is becoming vital to remaining competitive in an increasingly security conscious marketplace. “Taking precautions against cyber thieves not only is an act of self-protection but also might be a requirement for winning new clients,” reports the Times. “An increasing number of corporations are requiring that companies they hire as contractors, no matter how small, have digital defenses in place.” Read the entire article here.