Employee negligence is the main cause of data breaches, according to an industry report. The report found that 47 percent of business leaders said human error such as accidental loss of a device or document by an employee had caused a data breach at their organization.
Another report reveals that 61 percent of small to medium sized businesses suffered a cyber-attack in 2017 and 54 percent experienced a data breach. The cost of these attacks can range from thousands well into the millions of dollars. Of the businesses stricken with ransomware attacks and data breaches, 60 percent shut down within six months of a breach, according to the U.S. National Cyber Security Alliance.
Having a comprehensive and detailed internet and computer use policy in your employee handbook can help lower your risks. Cybersecurity threats are constantly evolving, and no single-shot solution exists to deliver absolute protection. It a good idea to be informed of such risks to your company. Contact your human resources department and information technology support to help put a protection plan in place. Contact us if you are in need of support on this matter.