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Survey: Many small businesses unconcerned about cyber security

Even if they feel that the risk is small, companies need to ensure that a proper business continuity plan is in place that accounts for cyber attacks.
Even if they feel that the risk is small, companies need to ensure that a proper business continuity plan is in place that accounts for cyber attacks.

This blog recently reported on the importance of businesses ensuring that proper risk management strategies are taken before a security breach happens. Specifically, cyber attacks can pose major threats to an organization. Small business disaster recovery will be much smoother when the right care is taken before a security failure occurs.

For example, a recent report showed that a majority of small business owners are not concerned about even the possibility of an online threat, either external – a hacker – or internal – an employee.

The National Cyber Security Alliance released its findings after surveying 1,015 U.S. small- and medium-sized businesses (SMBs). Results showed that 77 percent feel that their organization is safe from hackers, viruses, malware or a cyber security breach, but 83 percent admitted to having no type of business continuity plan for that situation.

"We want U.S. small businesses to understand they cannot completely remain safe from cyber threats if they do not take the necessary precautions," Michael Kaiser, executive director of the National Cyber Security Alliance, said in the press release. "A data breach or hacking incident can really harm SMBs and unfortunately lead to a lack of trust from consumers, partners and suppliers. Small businesses must make plans to protect their businesses from cyber threats and help employees stay safe online."

Business continuity planning is crucial for companies of all sizes and in every industry to take part in. Unexpected threats can come at any time, and as such, preparation needs to be thorough and updated on a regular basis.

With technology evolving every day, small companies who feel that cyber threats are insignificant should partner with a business continuity consultant to ensure that the proper risk assessment is taken and any necessary precautions are put in place. That way, if an attack does happen, recovery will happen quicker and with greater ease.