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Risk Management Corner: Cyber-security and Small Business
It’s nearly impossible these days for businesses to operate without the help of Internet-connected devices, which exposes them to cybercrime. It’s the small- to medium-sized businesses, however, that are especially vulnerable: half are victims of cybercrime and nearly two-thirds of those victims go out of business.1 Hackers increasingly target small businesses because there is a low risk they will be caught and a high probability they will be successful.