How to Protect Your High-Risk Business from Online Threats

How to Protect Your High-Risk Business from Online Threats

The biggest threats to a small business are break-ins, fires, flooding from a broken line or a natural disaster, right? While physical threats are a very big concern, there is one threat that is even more pervasive. A threat that can have an immediate impact on your business’ revenue and has the potential to close your doors forever – the threat of the online world.

Online threats are much harder to prevent than physical threats, and they can cause more dramatic declines in revenue as well. Contrary to popular belief, multinational companies – Target, Home Depot, Sony and Equifax – are not the only businesses that fall victim to cyberattacks. Over a 12-month period, hackers targeted 14 million small businesses. Major retailers make up less than 10 percent of all businesses that suffer breaches. In truth, half of all data breaches are aimed at small businesses.

Why? Big companies are …