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Cyber criminals have now shifted course – and with a strategy that puts small businesses in jeopardy! Joe Angelastri owner of City Newstand Inc. had never imagined that his small business could be a target for hackers. Last year Angelastri suffered a loss of $22,000 because of theft of customer credit card information from his two magazine shops in the Chicago area where hackers had planted a malware program in his cash registers.
Small businesses have become a highly vulnerable target, and attacks on small firms are becoming increasingly common. According to Verizon and US Secret Service, security experts are witnessing a growing number of attacks on small companies with 100 or fewer employees. This trend is seen as a result of the frail security setup inherent to these businesses. Operating within limited budgets, with little or no technical expertise, these small companies have very weak security systems.
Cyber criminals have realized that in the time taken to hack into large companies’ databases, they can steal data from dozens of small companies. Dean Kinsman, a special agent in the Federal Bureau of Investigation’s cyber division, says, “Hacking at small businesses is a prolific problem. It’s going to get much worse before it gets better”. With more and more small businesses making a leap to computerized systems and digital records, hackers perceive them as highly promising targets.
While larger companies are not immune to these threats, they are capable of detecting the possibility of a threat at the least. But most small firms are not equipped to even detect cyber threats, leave alone preventing them. So the need is for a software solution that can help small businesses overcome these mounting security challenges in a simple, cost-effective manner. And this is what our SecureGRC SB aims to provide.
Designed to manage the information security and compliance needs of small businesses, SecureGRC SB is a unified security monitoring and compliance management solution. Since small firms most often do not possess the technical expertise to meet growing security demands, SecureGRC SB offers simple, menu-driven self-assessment capabilities along with an efficient security monitoring system, which enable small businesses to gain complete control over their data. It offers a plug-in feature that comprehensively manages PCI-DSS requirements.
Delivered as a cloud-based service, SecureGRC SB requires no custom hardware investments, and is constantly kept up-to-date with the latest versions/revisions of regulations and standards. It is a flexible service model that meets the security and compliance management requirements of small businesses in their operational environments, while keeping costs down.
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