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Hackers Target Small Firms, Too

DATA LOSS

May 23, 2011

Small firms that think they are not a target for hackers should think again, The Los Angeles Times reports. One small California company last year lost $465,000 after hackers gained access to its business bank account, most likely through the owner's computer system. One fifth of the money was recovered. A 2010 survey by Symantec found that 74 pecent of small and medium-size companies have been the target of cyber attacks. "It's a competitive advantage" now to have privacy protections in place, one consultant said, as companies are increasingly looking for contractors that do.
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