24 Oct Small-Business Cyber Security is Twice as Nice as Pumpkin Spice
This article originally appeared on the NIST Taking Measure blog.
I think we’ve taken this pumpkin spice thing too far. Don’t get me wrong, I love fall. That first crisp evening when you need to put on a sweater, the crunch of leaves under your feet, homecoming football games, but pumpkin spice? It’s obvious that the pumpkin spice council’s marketing team has done an outstanding job because it’s in everything now: cookies, chocolate candy, ice cream, oatmeal, pancakes, marshmallows, and now even in a special “limited edition” of my favorite breakfast cereal.
Enough! I’m calling a timeout on pumpkin spice.
Maybe I find pumpkin spice season distasteful because it has eclipsed a less well known but much more important annual October event: National Cyber security Awareness Month.
While many of you may not anticipate National Cyber security Awareness Month with the same relish as the arrival of pumpkin spice, for me, it’s a time for renewed hope and celebration. Like Linus sitting in the pumpkin patch waiting for the arrival of the Great Pumpkin, each year I wonder, “Will this be the year that small businesses truly recognize the importance of cyber security? Will they act to protect their business information and assets?”
Many larger companies in the U.S. have dedicated resources—including people, technology and budgets—to protect against cyber security threats. As a result, they have become much more difficult targets for malicious attacks from hackers and cyber criminals. Consequently, hackers and cyber criminals are now successfully focusing more of their unwanted attention on small companies, including manufacturers.
For example, many cyber criminals view smaller businesses as being less secure and more vulnerable to attacks such as ransomware. Your business may have assets that can be valuable to a criminal; your company’s computers may be compromised and used to launch an attack on someone else, e.g., a botnet, or your business may provide access to more high-profile targets through your products, services or role in a supply chain. This is of concern to suppliers in the Department of Defense supply chain, as their systems have to be in compliance with NIST SP 800-171 by Dec. 31, 2017.
It is important to note that criminals aren’t always looking to gain from their attacks. Some may attack your business for revenge, e.g., for firing them or somebody they know, or simply for the thrill of wreaking havoc. Similarly, not all cyber security events are caused by criminals. Natural events such as fires, floods or hurricanes can also severely damage IT systems. We have all seen the effects of the recent hurricanes in Texas, Florida and Puerto Rico. Would your business be able to recover from a similar storm?
The overall impact of a cyber security incident could include:
- damage to information or information systems;
- regulatory fines and penalties/legal fees;
- decreased productivity;
- loss of information critical to running your business;
- damage to your reputation or loss of consumer confidence;
- damage to your credit and inability to get loans from banks; or
- loss of business income.
Unfortunately, small manufacturers often have more to lose simply because a cyber security event—a hacker, natural disaster or business resource loss—can be costly enough to drive them out of business altogether. Small businesses are often less prepared to handle these events than larger businesses, but because they generally have less complex operational needs, there are many steps a small business can take to protect itself.
National Cyber security Awareness Month can help you learn how to protect your business. While cyber security is continually in the news—hardly a day goes by without some breach or cyber event—we rarely hear about ways to prevent these incidents from occurring. THIS IS THE TIME to spread good security practices within your business. Awareness, training and education are fundamental tools for small businesses to use to protect their company information, assets, IT systems and reputation.
Cyber security in a small business doesn’t necessarily mean hiring an expert on staff or as a consultant. The NIST Hollings Manufacturing Extension Partnership has cyber security resources for manufacturers as does the NIST Small Business Center.
Some basic cyber security topics that you may want to consider for awareness training for your employees include:
- recognizing phishing attacks;
- understanding the risks associated with the use of social media;
- keeping your systems clean by installing patches and using the latest versions of software; and
- avoiding public Wi-Fi when using mobile devices such as smartphones or tablets.
Having your employees understand these cyber security issues and how to address them in the workplace could potentially save your business. Your employees are your first line of defense in protecting your business against cyber-attacks.
October is a good time to enjoy a pumpkin spice latte—or cereal—if that’s your thing. But I hope you take at least a few moments to teach your employees to be more aware of the cyber security risks, threats and vulnerabilities to your small business. After all, ‘tis the season for your employees to learn how they can help prevent a cyber incident in the workplace.
And give me back my cereal!