Almost every business relies upon computers, electronic data, network access and the internet. That technology creates new cyber risks. And as larger companies harden their cyber defenses, hackers increasingly see medium-size businesses as easier targets.
It's easy to see why. A midsize business keeps a substantial amount of personal information and business data on employees, customers, vendors and others. Yet, most lack the technology resources and expertise of larger corporations to prevent a data loss.
A Ponemon Institute report stated that 44% of businesses had a data breach in the past year, and McAfee puts the percentage at 60. The average time from the actual data breach to its detection was 210 days.
Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.
Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking credit union news and analysis, on-site and via our newsletters and custom alerts
- Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
