Small businesses are especially vulnerable to financial data breaches, as they may not have the same level of cybersecurity resources as larger organizations. There are several ways in which financial data can become compromised, including phishing attacks, weak encryption, misconfigured systems, malware, and employees using weak or reused passwords. That being said, small businesses can protect themselves by implementing AI-focused security measures along with their traditional cybersecurity measures. Additionally, small business owners can encourage their employees to use encrypted virtual private networks when working remotely, and keep their computers password-protected and locked when not in use. If you are interested in learning even more benefits of using AI to help keep your financial data safe, check out the resource below.
Infographic created by Donnelley Financial Solutions, an SEC filing software company