Business security for small businesses can involve fire alarm systems, security systems, restricted-card access, guard services, video surveillance, and other measures. Increasingly, however, private business and personal data have become a part of business security.
About 43% of cyberattacks are aimed at small businesses, only 14% of which are prepared for such incursions. The average cost of a cyberattack is said to be about $200,000. This hefty price tag puts around 60% of its victims out of business within six months of being attacked.
Private information in paper form can also fall into the wrong hands, leading to costly security breaches. So, small businesses are finding security solutions -- and not just in the digital realm.
10 FCC Cybersecurity Tips for Small Businesses
The Federal Communications Commission (FCC) points out: "Theft of digital information has become the most commonly reported fraud, surpassing physical theft." It offers its 10 cybersecurity tips for small business:
1. Train employees in security principles
2. Protect computers, networks, and data from cyberattacks
3. Provide firewall security for your Internet connection
4. Create a mobile device action plan
5. Backup copies of important business data and information
6. Control physical access to your computers and create user accounts for each employee
7. Secure your Wi-Fi networks
8. Employ best practices on payment cards
9. Limit employee access to data and information
10. Passwords and authentication