[AISWorld] Cybersecurity Risk Reduction Tips for Small and Medium-Sized Enterprises (SMEs)

[Dave Chatterjee]

Dear Colleagues:

While small and medium-sized enterprises (SMEs) face the same cybersecurity
issues as large enterprises, SMEs don’t have the resources to effectively
manage those risks. Research reports reveal alarming statistics on the
state of cyber readiness of SMEs -- 60% of small businesses that are
victims of a cyber attack go out of business within 6 months; 47% of small
businesses have no understanding of how to protect themselves against
cyber-attacks. *Mike Benz, Partner | Fractional CIO at Fortium Partners*,
provides some useful tips on how SMEs can reduce their cybersecurity risk
exposure without spending a fortune. Mike is the primary author of a
scholarly publication *Calculated Risk? A Cybersecurity Evaluation Tool for
SMEs* (
https://www.sciencedirect.com/science/article/abs/pii/S0007681320300392)

*A short clip from the Episode*: https://youtu.be/-aiGi5mAw9Q

*Full Episode*:
https://the-cybersecurity-readi.captivate.fm/episode/cybersecurity-risk-reduction-tips-for-small-and-medium-enterprises/

*Links to Prior Episodes*

#1 -- Role of Top Management in Cybersecurity Governance:
https://the-cybersecurity-readi.captivate.fm/episode/role-of-top-management-in-cybersecurity-governance/

#2 -- Protecting Academic Institutions from Ransomware and Other Forms of
Attacks:
https://the-cybersecurity-readi.captivate.fm/episode/protecting-academic-institutions-from-ransomware-and-other-forms-of-cyber-attacks/

#3 -- Going Above and Beyond the Mandated Checklist:
https://the-cybersecurity-readi.captivate.fm/episode/going-above-and-beyond-the-mandated-checklist/

#4 -- The Human Vulnerability Factor:
https://the-cybersecurity-readi.captivate.fm/episode/the-human-vulnerability-factor/

#5 -- Being An Effective Chief Information Security Officer (CISO) --
https://the-cybersecurity-readi.captivate.fm/episode/being-an-effective-chief-information-security-officer-ciso/

#6 -- Holistic Approach to Cybersecurity Readiness --
https://the-cybersecurity-readi.captivate.fm/episode/holistic-approach-to-cybersecurity-readiness/

#7 -- Multidisciplinary and Integrative Approach to Cybersecurity Education
-- 
https://the-cybersecurity-readi.captivate.fm/episode/multidisciplinary-and-integrative-approach-to-cybersecurity-education

#8 -- What Does Good Cyber Governance Look Like? A Legal Perspective --
https://the-cybersecurity-readi.captivate.fm/episode/what-does-good-cyber-governance-look-like-a-legal-perspective
<https://the-cybersecurity-readi.captivate.fm/episode/holistic-approach-to-cybersecurity-readiness/>
Thanks

Dave Chatterjee (https://dchatte.com)
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Associate Professor, MIS Dept., Terry College of Business, The University
of Georgia
Visiting Professor, Master of Engineering in Cybersecurity Program, Pratt
School of Engineering, Duke University