Small Business Cybersecurity Misconceptions

By Elvis Huff on October 7, 2019
5 minute read

I hear this all of the time, “Why would someone want to hack my business? We do not have anything that anyone would want.” My immediate response is you should think more of your business – just kidding. Seriously though, I always reply with, “sure you do; you have:  money, data, and intellectual property. Those are all things that a cybercriminal wants.”

You may not think that you have something that a criminal wants, but you really do.

See below for the top 5 cybersecurity misconceptions collected by National Cybersecurity Alliance. For the full top 10, download the CSMBCybersecurity-Misconceptions, from my resources section.

 Top 5 Small Business Cybersecurity Misconceptions

  1. My data is not valuable
    Truth:  All data is valuable
  2. Cybersecurity is a technology issue
    Truth:  Cybersecurity is everyone’s issue – all departments work together to secure a business
  3. Cybersecurity required a large financial investment
    Truth:  Many efforts to protect your data require very little money
  4. Outsourcing to a third party vendor washes my hands of liability during a cyber-incident
    Truth:  You have a legal and ethical responsibility to protect sensitive data.
  5. Cyber breaches are covered by general liability insurance
    Truth:  Many standard insurance policies do not cover cyber incidents or data breaches

Since October is National Cybersecurity Awareness Month (NCSAM), each week, I will be bringing you an article focusing on Cybersecurity. #BeCyberSmart

Have another thought, tip or suggestion? Leave it in the comments below. I would love to hear from you!

Posted by Elvis Huff

Elvis Huff worked as an officer and network administrator for 12 years with the Lebanon Police Department and has also served as an adjunct professor in information systems at Cumberland University. Read More »

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