Following Target’s massive data breach, everyone wanted to know how it happened. We may now have an answer. It seems the Target hackers breached the chain’s security systems by first using electronic credentials stolen from a vendor, The Wall Street Journal reports.
It’s a cautionary tale for small business owners: Create a robust security system that extends to vendors and other interconnected business relations, or else your business could be vulnerable to a similar attack.
Here are three tips for vendor cybersecurity:
For more personalized tips on how to address vendor security concerns for your business, you may want to consult an experienced business and commercial lawyer in your area.
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Related Resources:
- Cyber Attacks: Small Business Guide (FindLaw)
- SBA Offers Free Small Biz Cybersecurity Course (FindLaw’s Free Enterprise)
- Cost of a Small Business Cyberattack: $9K (FindLaw’s Free Enterprise)
- Why Are Small Business Cyberattacks On the Rise? (FindLaw’s Free Enterprise)
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