Although small businesses may not realise it, they actually face the same data breach risks as larger businesses. But there’s good news – implementing a sound information security policy and closing some common loopholes does not necessarily need big budgets.
Many business owners don’t realise what a data breach will cost them in loss of business and fines, not to mention the significant damage to their reputation, despite research estimating the average cost of a breach at around AED 14 million. Though a data breach may sound like something that only happens to enterprise level businesses, this simply is not the case. Small businesses that lack data security and protection measures open themselves up to the risk of data theft, making it easy for their entire business to be at risk.
Information Security Checklist
The first step in mitigating risks is identifying the threats that put your data security at risk. This simple information security policy checklist can help UAE businesses:
- Identify places data thieves look to steal information
- Obtain tips for securing digital devices
- Learn best practices in document management
- Find easy to implement information security steps that yield big results