JUNE, 20246In the aftermath of the state lockdowns of countless businesses, many small companies heavily rely on their websites and other technology to continue operating. If these digital platforms shut down because of a cyber attack, the business can potentially shut down with it.A case in point is my favorite local Thai restaurant. Like other small restaurants, a majority of their business is now take-out and delivery. Previously, only a small fraction of the restaurant's orders came through its website. Had it experienced a cyber attack then, customers could still be served inside the facility. Today, the attack would shut down a much larger portion of the restaurant's revenue.While maintaining a secure and resilient technology is a critical necessity for small and midsized businesses (SMBs), the challenge is that SMBs typically lack the resources to invest in cyber risk management on par with large enterprises. The good news is that a little can go a long way.SMBs can improve their cyber security at a small expense and in some cases for free. Here's a short list of cyber security practices that companies, even my local Thai restaurant, can easily pursue.Take a cyber security awareness course. A quick browser search will introduce a surprising number of such courses, many of them free, to enhance password hygiene and detect and avoid social engineering, phishing and URL spoofing attacks.Use a password manager. Free versions are Common Sense Cyber Se-curity for Small and Mid-sized BusinessesCXOINSIGHTSChubb is the world's largest publicly traded property and casualty insurance company, serving consumers and companies of all sizes with traditional and specialty insurance products and industry-leading claims and risk engineering services.
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