Je unajua hii:::Big Risks for Small Businesses which ignore Data Security

[KAJICHO KIVULI]

​

You might think that your online customers data is secure ? but one small vulnerability have compromised about one-third of the websites so is it secure? Obviously no.

Related to this point, Keith Cottenden, director at cybersecurity specialists CY4OR said, "The main worry is for small e-commerce sites that do not know they have been affected,"

"Any business that takes customer details could be vulnerable because this encryption is designed to protect personal data… Businesses need to apply mitigation now," he added.

Ignoring the data security could ruin your business, lets take the example of the recently happened incident, The poor security took MtGox to its knees, Thats how it ruins your business as MtGox is the biggest Japanese Bitcoin exchanger.

​

MtGox were handling about 70% of the bitcoin trades at its height but sad that 850,000 bitcoins digital currency were stolen by hackers.


In March MtGox said that they found 200,000 lost bitcoins which were stolen by hackers which are £70m, They found it in an old digital wallet dated from 2011.


The after this, in 2013 the company AVG which is providing different types of products to secure online users but they reported that a large amount of data loss occurs due to human error and carelessness.


43% in UK and 53% in U.S small businesses reported that they spend more time changing their passwords than taking a back up.

​

"Too many times an act of carelessness or a security breach has led to information going missing, and in some cases businesses have found themselves in a position where the data is non-recoverable," a Microsoft spokesman told.