Data Breach Expert Sileo Talks to Fox Business
Victim of a Cyber Attack? What You Should Tell Customers
It seems like every day consumers are learning of data breeches from companies like Sega, Sony and Google. Major corporations like these tend to have the funds and resources to recover from an attack, but for small businesses, that’s often not the case.
A slow response and lack of communication with customers are among the missteps many small businesses make when facing an attack, both of which can cause irreparable damage to the business.
“When consumers are a victim of ID fraud based on interaction with a small business, 1 in 3 never come back,” said Phil Blank, senior analyst for security and fraud at Javelin Strategy & Research.
While data breaches hitting major banks and corporations tend to dominate headlines, small businesses are increasingly becoming targets. Hackers like to prey on small businesses because computers and mobile phones tend to be used for both work and personal use, and many small businesses don’t have an IT staff monitoring and protecting operations.
According to Javelin, small business fraud totaled $8 billion in 2010. Of that, banks, merchants and other providers absorbed $5.43 billion of the loss while the cost to victims was $2.61 billion.
Identity Theft Prevention in a Hotel
I just finished giving an identity theft prevention and data privacy speech for Pfizer and one of the questions I received was how to protect your laptop, passports, client files, etc. when you leave them behind in your hotel room. I’ve blogged on this before, but thought that I would post a quick video reminder on protecting your identity in a hotel room. We are at such a greater risk of identity theft when we are traveling that it is worth taking a second look at your habits.
For more tips of this type, please visit my YouTube Identity Theft Expert Video Channel at www.YouTube.com/JohnSileo. It is relatively new, but my office is working diligently to add content every week. Some people like to read, some like to watch, so I will continue to add blogs of both types. Travel wisely this summer.
Sileo In the Media
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