Blog | Guy Hurley

Month: August 2017

Cyber Liability - What's At Stake?

By Guy Hurley
August 21, 2017 Category: Cyber Liability

The tremendous increase of hacking and phishing has created a security challenge for businesses. No business, whether youre a small business or a large retailer like Target -- is immune. Hackers are even compromising some of our most secure U.S. government agencies. The big hacking attempts like Target and government agencies are the ones that make the news, but did you know that most cybercrime happens to small and medium businesses? In fact, one in five businesses are victims of these crimes each year, according to the National Cyber Security Alliance. All kinds of malicious cybercrime can occur, from gaining access to your system records to transferring funds away from your accounts. Medical practices around the country have to battle with hackers stealing their patients private health data. Unfortunately, the hacking leaves devastation at the company, and over half go out of business within six months post-attack. Theres a huge data recovery cost, and then the inevitable intangible

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