Small businesses' BYOD practices leave them one cyber attack away from bankruptcy

[InfoSec News <alerts () infosecnews org>]

http://www.v3.co.uk/v3-uk/news/2293021/small-businesses-byod-practices-leave-them-one-cyber-attack-away-from-bankruptcy

By Alastair Stevenson
V3.co.uk
06 Sep 2013

Inadequate bring-your-own-device (BYOD) policies are leaving small to 
medium-sized businesses open to attack by cyber criminals, according to 
security firm AVG.

AVG's SMB general manager Mike Foreman said despite progress in educating 
SMBs about basic network security, they are still woefully under-informed 
about the threats they face when using consumer devices, such as 
smartphones and tablets, for work purposes.

"Small businesses have probably just got their head around security within 
the network, but we've just rapidly changed their world, introducing 
mobile and tablets for SMB usage. SMBs are going to have to get their 
heads around that," he said

The AVG manager said the issue is doubly troubling as if they are 
successfully hacked, the cost of a data breach will cripple most SMBs. 
"The real big area for a small business is data privacy. This impacts all 
of us but for a small business to have data breaches, well it could be the 
end of their business. It is happening, we've seen it," he said.

[...]



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