Tag Archives: small

Congressional committee confronts effects of cyber crime on small businesses

Earlier this week, the United States House Committee on Small Business hosted a hearing titled, “Small Business Information Sharing: Combating Foreign Cyber Threats” that discussed H.R. 4668, the Small Business Advanced Cybersecurity Enhancements Act of 2017. Congressmen and agency officials from the FBI and DHS examined how federal agencies are facilitating greater information sharing with small businesses that find themselves vulnerable to foreign-backed cyber attacks.

Small businesses across the country are finding that they have suddenly emerged as potential targets of both nefarious solo hackers looking to steal personal information or engage in ransomware scenarios, as well as foreign-backed agents bent on stealing proprietary company information, disrupting supply chain logistics and weakening national security. 

As small businesses increasingly rely on foreign technology products and services, they face an even greater threat from cyber attacks. Many small business owners are underequipped to protect themselves from cyber attacks and face significant hurdles in guarding

Read more at: http://www.securityinfowatch.com/article/12395208/congressional-committee-confronts-effects-of-cyber-crime-on-small-businesses

A Step By Step Guide To Protecting Your Small Business From Cyber Crime

With cyber crime on the rise globally, small business owners must be fully educated and aware of the increasingly tough fight against breaches of data, hacking and phishing scams. In 2017, the UK government revealed figures that showed that nearly half of all UK businesses were hit by a cyber breach or attack in the previous year.

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Cyber Crime

With the number of attacks rising rapidly in the UK and with it being estimated that online fraud and cyber crime cost the UK over £11bn in 2016, cybersecurity is no longer just an issue for the IT department, but also for business leaders and managers.

According to a 2017 study

Read more at: http://www.valuewalk.com/2018/02/guide-small-business-cyber-crime/

Small Business Information Sharing: Combating Foreign Cyber Threats

Chairman Chabot, Ranking Member Velázquez, and members of the committee, thank you for the invitation to provide remarks on the FBI’s role in helping small businesses defend against cyber threats. We consider engagement with the private sector to be a significant factor in our mission to identify, pursue, and defeat nefarious cyber criminals and enemies of the United States.

As the committee is well aware, the growing number and sophistication of cyber threats poses a critical risk to U.S. businesses, and the impact of a successful attack can be devastating to small businesses in particular. We continue to see an increase in the scale and scope of reporting on malicious cyber activity that can be measured by the amount of corporate data stolen or deleted, personally identifiable information compromised, or remediation costs incurred by U.S. victims. Some of the more prevalent or rising cyber threats to small businesses include the following.

Business

Read more at: https://www.fbi.gov/news/testimony/small-business-information-sharing-combating-foreign-cyber-threats

Firewalls for small businesses

The Greater Kirkland Chamber of Commerce met for its main monthly meeting last week to welcome new members, announce upcoming events and educate members on cyber security.

The meeting is often used for local business networking and board president Ryan James welcomed any new members at the meeting.

“Our chamber membership is growing leaps and bounds,” he said. “We are at one of our all-time record highs and it’s continuing to build up.”

Executive director Samantha St. John began the meeting by listing the chamber’s sponsors, which includes the Reporter. Additionally, she announced that the chamber board has endorsed the Lake Washington School District’s 2018 bond and levies.

“Education is the No. 1 thing we can support for business development,” said Walt Krueger, a Lake Washington Citizens Levy Committee executive member.

Residents within LWSD boundaries will vote on the bond and two replacement levies on Feb. 13.

Additionally, the chamber also promoted their town hall event

Read more at: https://www.kirklandreporter.com/business/firewalls-for-small-businesses/

Firewalls for small businesses | Kirkland Reporter

The Greater Kirkland Chamber of Commerce met for its main monthly meeting last week to welcome new members, announce upcoming events and educate members on cyber security.

The meeting is often used for local business networking and board president Ryan James welcomed any new members at the meeting.

“Our chamber membership is growing leaps and bounds,” he said. “We are at one of our all-time record highs and it’s continuing to build up.”

Executive director Samantha St. John began the meeting by listing the chamber’s sponsors, which includes the Reporter. Additionally, she announced that the chamber board has endorsed the Lake Washington School District’s 2018 bond and levies.

“Education is the No. 1 thing we can support for business development,” said Walt Krueger, a Lake Washington Citizens Levy Committee executive member.

Residents within LWSD boundaries will vote on the bond and two replacement levies on Feb. 13.

Additionally, the chamber also promoted their town hall event

Read more at: https://www.kirklandreporter.com/business/firewalls-for-small-businesses/