House Small Business Committee Posts Cybersecurity Aids

MARCH 16, 2017

The House of Representatives' Small Business Committee posted this week “best practices guides” relating to data breach response, protecting personal information and security for the internet of things.

The Committee emphasized that data breaches or “hacks” end up shutting down nearly 60 percent of small companies and over 70 percent of all cyber attacks are aimed at businesses with fewer than 100 employees.

The Committee's data breach guide offers helpful suggestions from the Federal Trade Commission (FTC), which recommends that a business quickly move to fix the vulnerabilities, assemble a team to conduct a data breach response, consult with legal counsel and stop future data loss.

The guide on protecting personal information suggests that each data security plan build upon five foundational principles:

  • Take Stock – Know what personal information the company has in its files and on its computers.
  • Scale Down – Keep only what is needed for the business.
  • Lock It – Protect the information that is kept.
  • Pitch It – Properly dispose of information no longer needed.
  • Plan Ahead – Create a plan to respond to security incidents.

The Internet of Things is seen by many as the “next frontier” of online interactions among the multitude of consumer and business products that connect directly to the Internet. While convenient, it also presents a new opportunity for hackers to access sensitive information, making it is necessary to take proactive steps to combat any unauthorized entry.​​