Too Small to Hack? Think Again.
Identity theft protection for small businesses isn’t optional anymore. Nearly 73 % of U.S. SMBs were breached last year, and 60 % closed within six months. Employers now face legal duty-of-care claims when staff data leaks. Use the five-step playbook below to keep employee information safe, meet compliance rules, and stay in business. 1. Are SMBs really too small for identity thieves to bother with? Short answer: No. Myth vs. Reality Data point “We fly under the radar.” 73 % of owners reported an attack in 2023 — a record high.¹ “Hackers chase the Fortune 500.” Small businesses made up 43 % of all breaches tracked in Verizon’s DBIR.⁵ “We’d bounce back.” 60 % of small firms close within six months of a breach.² A false sense of security leads many owners to skip basic safeguards, leaving HR and payroll systems wide open. 2. Hidden liabilities & lawsuits HR can’t […]