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Retail Merchants Association put together a presentation about Cyber Security. They, along with David DiGiacomo, Vice President of Business Development at Cobb Technologies, presented Chris Moschella, Risk & Advisory Services Manager at Keiter, and Collin Hite, Cybersecurity & Data Privacy Leader at Hirschler Fleischer. The advice and facts given by Chris Moschella and Collin Hite were eye opening. The average cost per stolen or lost record is $221.00. $145.00 of that goes towards the indirect costs to resolve the breach and $76.00 directly to resolving the breach. 60% of small businesses fold after a breach due to the costs.
How do you prevent this from happening to you? Create a policy and procedures to follow. Ensure that all of your employees, not just the IT department are trained. GET INSURANCE! Double check your E&O Policy. It does not always cover Cyber Security Incidents to its fullest. Have a professional check out your security via an attorney that is proficient in cyber laws.
Goochland County Chamber of Commerce Calendar of Events and postings to Social Media from the Calendar of Events contains events that are being hosted by the Goochland County Chamber of Commerce and its Members. A Third Party (someone not associated with Goochland County Chamber of Commerce) may request to add their event to our Calendar of Events. The event will be permitted only if it is deemed relevant to Goochland County Chamber of Commerce Members and Goochland County Residents. Each event is reviewed for accuracy. While every attempt is made to ensure that all information is accurately referenced, we do not guarantee the accuracy, timeliness or quality of the content of every source. The views and opinions expressed during the events that are listed on the Calendar of Events are the views and opinions of those who are hosting the event and do not necessarily reflect the official policy or position of the Goochland County Chamber of Commerce. The Goochland County Chamber of Commerce strives to be a Non Political Organization.
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