P.F. Chang and AT&T joined Target Corp. and Neiman Marcus Group Ltd. in being hit by hackers in attacks that compromised social security numbers, call records and credit card information.
But it's not just big chains that are victims of data breach: According to a 2012 study by the National Cyber Security Alliance, 60% of small businesses close their doors within six months of a data breach, which can cost a business money, but also reputation.
State Auto Insurance Cos. created an infographic that details the threats small businesses faces when confronted by data breach.
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.