![]() Some benefits of joining the Small Business COI include: ![]() The goal is to guide efforts toward creating customized and practical resources for small businesses to overcome cybersecurity challenges while safeguarding digital assets. This engagement will help the agency better understand how to serve the unique needs of small organizations. Through the NIST Cybersecurity COI, small companies and their representatives will have a platform to provide valuable feedback to the NIST Cybersecurity Center of Excellence (NCCoE) and NIST at large. As a result, small businesses, non-profits, educational institutions and government agencies may feel overwhelmed and reluctant to take action to mitigate security risks. This makes it difficult to know where to begin or what is most crucial for adequate security. They either lack sufficient guidance tailored to their unique needs and capabilities or are flooded with excessive and complex information. This collaboration aims to aid NIST in effectively addressing the security needs of small businesses by conducting research, encouraging collaboration and developing useful resources.Īs per NIST, small organizations face a cybersecurity management dilemma. ![]() The Small Business Cybersecurity COI will bring together a diverse group of companies, trade associations and other experts to share valuable insights, challenges and perspectives related to cybersecurity for small businesses. Consider the fact that nearly 30% of ransomware-impacted companies have only 11 to 100 employees, and over 72% of ransomware attacks affect businesses with less than 1,000 employees, as per Coveware. It’s far past time for small businesses to improve their cybersecurity. Here’s how this new association can help your organization move forward with a cyber readiness plan today. To help smaller organizations face the growing cyber threat, NIST recently launched its Small Business Cybersecurity Community of Interest (COI). In the face of these challenges, NIST is creating a new initiative to help. Additionally, other studies reveal that only half of all small businesses are prepared for a cyberattack. While big-name breaches steal the headlines, small businesses suffer the most from ransomware attacks. For small organizations, the current cyber threat landscape is brutal.
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