This publication and the abstract below was published by FBI on January 30, 2018. ICIT strongly encourages you to visit the FBI Publication Library to search for additional information security resources which are freely available.
Small Business Information Sharing: Combating Foreign Cyber Threats
Chairman Chabot, Ranking Member Velázquez, and members of the committee, thank you for the invitation to provide remarks on the FBI’s role in helping small businesses defend against cyber threats. We consider engagement with the private sector to be a significant factor in our mission to identify, pursue, and defeat nefarious cyber criminals and enemies of the United States.
As the committee is well aware, the growing number and sophistication of cyber threats poses a critical risk to U.S. businesses, and the impact of a successful attack can be devastating to small businesses in particular. We continue to see an increase in the scale and scope of reporting on malicious cyber activity that can be measured by the amount of corporate data stolen or deleted, personally identifiable information compromised, or remediation costs incurred by U.S. victims. Some of the more prevalent or rising cyber threats to small businesses include the following.