By the Blouin News Technology staff

Top five reasons why companies are vulnerable to cyber attacks

by in Enterprise Tech.

(Source: Danny Oosterveer/flickr)

(Source: Danny Oosterveer/flickr)

Companies remain vulnerable to cyber attacks for a variety of reasons, which are, of course, not applicable to every organization. But there are some common and reoccurring weaknesses in strategies to combat and/or prevent cyber breaches. Blouin News spoke with cyber security experts to compile the top five reasons why businesses are so vulnerable to cyber hacks, listed below in no particular order of importance.

1. Denial. “It won’t happen to me” is a common mindset among businesses, particularly smaller ones. The notion that you or your company faces no risk of cyber breach (be it for reasons of company size, purpose or profit margin) is simply untrue. Every individual and company is at risk for hacking as evidenced by the proliferation of breaches over the past few years. Elaine A. Stanko, of McNees Wallace & Nurick LLC’s Privacy and Data Security, Corporate & Tax and Financial Services practice groups, says that denial that one hasn’t been hacked already is also prevalent. As John Chambers, former CEO of Cisco, once said: “There are two types of companies: those that have been hacked, and those that don’t know they’ve been hacked.”…

…The rest of this feature article lives on Blouin News. Read it here.