At a recent cybersecurity conference for small businesses in Blacksburg, Va., a business owner told the audience about a costly ransomware attack on the family’s legal business. Another small business owner experienced a ransomware attack that left the company nearly bankrupt.
Such stories abounded at the conference hosted by the Small Business Development Center, a partner with the Small Business Administration (SBA), which underwrote the event. Funding such grass-roots conferences is part of a multi-pronged effort to help combat the soaring threat of cyberattacks on U.S. small businesses.
SBA has made it a priority to provide cybersecurity assistance for small businesses, reaching out to local chambers of commerce, technology vendors, and banks that serve small businesses to raise awareness of the benefits of cybersecurity threat prevention sharing through conferences such as the Blacksburg event.