Earlier this week the House Small Business Committee published
new cyber security and data privacy guidance for small businesses.
Those publications can be found at http://smallbusiness.house.gov/resources/committee-publications.htm,
and come on the heels of a Committee hearing that highlighted cyber
risks facing small businesses.
According to the Committee, nearly 60 percent of small companies
go out of business following a data breach, and over 70 percent of
all hacks are aimed at businesses with under 100 workers. These
statistics should be setting off alarms for small business
owners.
The Committee issued three publications: Data Breach Response,
Building Security in the Internet of Things, and Protecting
Personal Information. When addressing data breach response, the
Committee offers guidance from the Federal Trade Commission
regarding steps to take in the event of a data incident, and who
businesses should contact after discovering a breach.