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Hackers and Thieves Zeroing in on Small Business - Friday, June 12, 2009

Today Clark Howard was talking about how hackers and identity thieves are targeting small businesses more than individuals and large businesses these days. Small Businesses are less likely to have an in house IT department and will more than likely use cheap firewalls and not utilize stringent security practices on their computer networks. However small business bank accounts are a much bigger payoff for thieves than are individuals. The worst part of it all is that businesses fall under Uniform Commercial Code and are not protected from liability the same way individuals are.

This again makes the case for small businesses having an IT budget. Spend money on having certified IT professionals monitor and maintain your network. This is such a no brainer!

Clark told a story about a business owner that was out over $150,000 due to hackers making wire transfers from multiple accounts during a 30 minute period of time. He discovered it almost immediately but it was not soon enough to stop some of the transfers.

Check out the story on ClarkHoward.com.

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