Playing it Safe

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Even small businesses need cybersecurity

By Andrea Hill

Jewelry business owners and employees understand the importance of physical security. But I’m starting to think that we don’t always understand the need for cybersecurity. It’s not uncommon for business owners to say to me, “Why would someone cyberattack my business? It’s not like I’m storing thousands of credit card numbers on my website or trading in bitcoin!”

While it’s true that a cybercriminal will gain more from a successful attack on Walmart than on a small retail jeweler or manufacturer, this does not make your business cyber-safe. According to Verizon’s 2018 Data Breach Security Report, 58 percent of all cyberattacks are directed at small business.