In this article, I explain why your small business should be worried by cyber risk, what cyber risk is, the sources of cyber risk, and the findings of a 2022 Hiscox Report on Cyber Readiness.

Small Business Owners can discover a simple 5-Step Strategy to manage cyber risk, learn the technology controls essential for internet risk and create their First Cyber Survival Plan, in the next 30 days without cybersecurity expertise.

Today's article discusses 5 Common Cyber Threats to Small Businesses, the Consequences of Cyberattacks and the Surviving Cyber courses for small business owners.

This article gives a comprehensive look at what small businesses really think about cybersecurity and cyber risk. It is based on a Survey Pre COVID-19,

Cybersecurity is a complex business-critical risk, not just an IT problem. It involves the entire company. To properly assess the risk, a business should consider its technology risk, human risk and governance risk.

As the owner of a small business, I understand the small company perspective. This article explains a few frequently asked questions about cyber risk that I often get from the small businesses that engage with me.

There are three big mistakes that most small businesses make with cyber risk. Avoiding these mistakes is not difficult, and doing so will materially improve the risk level in your small business. I explain how you can avoid these mistakes. 

Myth number twelve says that improving cybersecurity offers no opportunity to small businesses. In this article, I explain that the potential upside for your small business is significant.  

Myth number 11 says that the Cloud provides 100% Cybersecurity. The truth is that cloud platforms operate under a shared responsibility model whereby you share cybersecurity responsibility with the cloud provider.  

Myth number 7 says that cybersecurity is too expensive for small businesses. The truth is that putting in place basic technology controls, people training, and governance structures is not an expensive exercise.

This myth says that small businesses don't have time to manage cybersecurity. The truth is that implementing basic cybersecurity measures doesn't need to be time-consuming, even for the smallest company.

The Myth says that cybersecurity is too complicated for small businesses. The truth is that the basic technology controls, people training, and governance structures are not complicated.

Myth number four says: Cybersecurity is just a technology issue. This is a deeply rooted myth in the thinking of a lot of small business owners. I explain why it is a dangerous myth.

"We're not responsible for cybersecurity". Small business owners cite a lack of familiarity and concerns that they are not well equipped to deal with cyber risk management, as reasons to avoid responsibility.

The Myth says: "No cybersecurity incidents means we've no problems". This is a commonly held understandable view among small business owners that leads to a belief that they really don't have a problem.

Cybersecurity is not important for small businesses". This myth is based on a misunderstanding of the risk. The truth is that cybersecurity is important for all businesses, regardless of their size, and regardless of their sector.