Identity theft training crucial for companies great and small
With all the news about fraud hitting big name companies, you might think that identity theft training is only for the corporate giants. Think again.
A study recently performed by a subcommittee in the U.S. House has revealed an alarming statistic: small businesses are a target for digital criminals just as celebrity brands like Twitter and Facebook attract fraudulent attention. But unlike those huge companies, smaller names usually have less to spend on security and are therefore more vulnerable to those kinds of attacks. According to a report mentioned in a statement by the subcommittee’s chairman Chris Collins, 60 percent of small businesses hit by online attacks end up closing within six months.
Here are some more rather frightening tidbits, courtesy of the same source: 87 percent of smaller businesses don’t even have an official written security policy. And attacks on companies with fewer than 250 employees apparently make up 20 percent of the total number of instances of online infringement. It’s not just the total gross that draws the attention of data thugs, and just because you’re not raking in billions doesn’t mean you’ll go unnoticed.
