A surge in cyber attacks is increasingly hitting small businesses, the backbone of the U.S. economy. According to a forthcoming survey from Mastercard, nearly half of business owners have experienced a cyber attack, and nearly one in five that suffered an attack then filed for bankruptcy or closed their business. WSJ cybersecurity reporter James Rundle and Seyoung Jeon, lead cyber analyst at Security Intelligence Provider Dragonfly, discuss the vulnerabilities of small enterprises, what these attacks mean for the greater economy and what businesses can do to defend themselves. Kate Bullivant hosts.
Further Reading
Hackers Target Eldercare Homes
For Some Companies, the Real Cost of a Cyberattack Is Telling Everyone About It
New York Orders Local Governments to Start Reporting Cyberattacks
Microsoft Alerts Firms to Server-Software Attack
U.S. Tells Companies to Prepare for Iranian Cyberattacks
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