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April 2020

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Cyberattacks and the vulnerability of the small businessYou cannot go a day without reading about some big name company or even government agency being hacked and critical data being compromised. What you don’t see in the media is that most of the attacks happen to small firms, and that this is where a lot of the cybercrime is occurring. What any business, but especially a small business, needs to be afraid of are cyber attacks that disable your operations, disrupt...

Denial is not a solution: Something you owe your customers and your employeesWhy do so many people procrastinate about making a will? Why is it so hard to get young people to buy health insurance? Because it is one of those “probably won’t happen--at least in the foreseeable future, and I‘ve got more interesting things to worry about or spend my money on” issues.Small business owners tend to take the same approach to making business continuity plans in case of...

Limited investment capital and planning for troubleSmall businesses often fail to take the time to make business continuity plans. One aspect of a business continuity plan involves developing plans to handle the loss of physical infrastructure and hardware. Unfortunately, smaller and younger firms often fail to address these issues because they lack the necessary capital to invest in additional or supplemental equipment. Redundant servers, battery back systems or uninterruptible power supplies, and data backup systems that allow for...

Data Protection Laws and PIIsLast week we discussed the overall concept of “Data Protection Laws,” which govern the handling and securing of specific data. While these laws are wide ranging, most of these laws reference Personally Identifiable Information (PII) This “refers to information that can be used to distinguish or trace an individual’s identity, either alone or when combined with other personal or identifying information that is linked or linkable to a specific individual.” (https://www.gsa.gov/portal/content/104256) For example, if you possess...