Burr Takes Part of Birmingham Business Journal's Table of Experts on Cybersecurity
Q: How big is the cyber risk facing small businesses these days? What are some of the potential consequences of a major cybersecurity breach at my business?
India Vincent (Partner, Cochair Cybersecurity Practice Group): It's very big. As the frequency of cyber-attacks increases, so does the public's awareness of the resulting breaches, along with the risks to businesses of all sizes. All businesses, small or large, have the potential to be the target of a cyber-attack. The difference is that larger businesses typically have more resources with which to tackle the problem, both proactively and reactively. The direct drain on resources and the reputational damage that can occur with a breach are often too significant for a small business to absorb, and the damages often exceed the insurance coverage small businesses have available.For the full article, click here