Yolofsky Law March 2019

Yolofsky Law March 2019

THE HERO I N S I DE R

www. yol of sky l aw. com (305) 702-8250 MARCH 2019

FROM THE

Yolofsky Office

March is known for coming in like a lion, but softening by the end of the month. Here at the office, things are certainly roaring and will continue into the future. (Wait until you hear about some of the surprises we have in store!) For now, we are delighted to be introducing our new Client Services Director, Anna Khorsheva. She will be the first person you reach when you call our office and will be there to guide you throughout the creation and implementation of your business or estate plan. Anna is fluent in Russian and Ukrainian and had been a professional translator. We are also expanding our practice with the addition of Erin Prutow, Esq., who will be Of- counsel to firm. Erin focuses her practice on Equine and Animal Law. Thanks to all of you as clients, referral sources, and friends, we are able to exponentially expand our services to the community.

2 WAYS TO IMPROVE YOUR CYBERSECURITY NOW, NOT LATER

Batten Down the Hatches — or Face the Consequences

Cybersecurity is a notorious boogeyman for small-business owners. The problem is that many entrepreneurs either believe that cyberattacks are not a direct threat to their livelihood, or they cannot afford to put robust network security in place. In a time when digital threats exist in unprecedented abundance, this kind of thinking couldn’t be more dangerous —or irresponsible. After all, underinvesting in IT doesn’t just put you at a disadvantage to your tech-savvy competitors; it also calls the very future of your organization into question. When a Fortune 500 company gets hacked, they shell out millions of dollars and make headlines. But when an unprotected small business comes under serious fire by cybercriminals, it often collapses quickly —without fanfare or much of a fight. This is why poor cybersecurity “represents an especially pernicious threat to smaller businesses,” SEC Commissioner Luis A. Aguilar said in 2015. “The reason is simple:” he wrote, “small and midsize businesses are not just targets of cybercrime; they are its principal target.” With that in mind, it’s essential that you do everything you can to protect yourself and your employees from cyberattacks. Here are three things you can do today to strengthen your network security and prevent a crisis.

We look forward to hearing from you.

See you next month!

- Yolofsky Law

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in an outside IT consulting firm, as they’ll give you the hard truth and let you know exactly where your weaknesses lie. This might be a tall order for your small business, but it might save

— it’s to get your people up to speed with cybercrime trends and educate them on best practices for avoiding threats. To this end, it’s a good idea to hold regular education sessions on cybersecurity. You might be able to easily recognize a phishing email; many of your team members may not. Again, it’s a good idea to bring in an outside company whose specialty is training teams on digital threats. Sometimes all it takes is a single session for everyone to understand just what they’re up against. Cybercrime is a bigger problem now than it ever has been, and it shows no signs of slowing down. But if you take

CYBERSECURITY BUDGET (OR SET ONE).

It can be overwhelming to set a firm budget for any aspect of your business, but this is especially true of IT, because many business owners aren’t often sure what type of security their company needs or how much it will cost. According to CIO magazine, you should spend around 4–6 percent of your annual revenue on cybersecurity. If your current cybersecurity budget falls under this range, it’s time to re-evaluate. Will your current IT system protect your business should a cybercriminal target it? If the tech you use every day gets hacked for hours or even days, will your company survive? Most companies simply cannot afford that much downtime, much less the loss of precious >Page 1 Page 2 Page 3 Page 4

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