Learn how our Cybersecurity services can protect your company at www.cbiz.com/Cybersecurity RISK ADVISORY Our business is growing yours Information security is the safeguarding of your organization’s information and information systems from unauthorized access, use, disclosure, disruption, modification or destruction to ensure its availability, confidentiality and integrity. Loss of one or more of these attributes can threaten the continued existence of even the largest organization. Cybersecurity: Why Your Business Needs Prevention & Protection Measures Any business provider that uses technology to conduct business and manage client information and data breach liability needs to know what’s at stake. Loss of confidential information and data breach liability are huge risks for businesses, especially when they don’t have proper cyber prevention measures in place. When Cybersecurity is not part of the business process, it leaves a company vulnerable to a range of security issues. Last year, the average cost of data breaches reached over $3.5 million - a 15 percent increase from 2013! The following are three key reasons why cyber prevention and protection are vital in 2015: 1. Hackers don’t discriminate. In 2013: ■ 61 percent of all targeted attacks were against small- and medium-sized businesses. ■ There was a 91 percent increase in attacks against businesses. ■ There was a 62 percent increase in the number of breaches. ■ More than 552 million identities were exposed via breaches. 2. Advances in technology have made businesses more susceptible to breaches, making safeguarding one’s business more important than ever. In fact, small business cyber attacks nearly doubled from 2011 to 2013 from 18 percent to 31 percent. 3. Cyber breaches extend beyond a company’s firewalls; outside contractors also are included within the realm of risk. When it comes to Cybersecurity there are four key things every business needs to know or do: First, understand what’s at risk. Know what assets are most valuable to the business, where they are supposed to reside, where they actually reside, who touches them and how access to them is managed. Second, identify the holes in the organization’s defenses. For instance, at least once a year conduct a cyber vulnerability or penetration test to see whether any unintended parties can access critical assets.