Global Cyber Alliance Equips City and Small Business Leaders with Cybersecurity Toolkit to Enhance Economic Recovery
Small businesses are the lifeblood of every city, providing the economic engine that supports individuals, families, and communities. The Internet is an integral part of small businesses – providing communication, commerce, and scale. Even if the Internet isn’t a central element of a small business, chances are they rely on it for some fundamental operation such as banking.
As 59% of all cyberattacks target small businesses, recognizing the risks facing small businesses and ensuring they have access to practical and effective tools and resources to secure their online ecosystem is a priority. Addressing cybersecurity helps protect small businesses from financial fraud and intellectual property theft, and helps prevent employee and customer information from falling into the wrong hands.
For many small businesses a cyberattack can be devastating: reputations damaged, financial losses, operations ceased, sensitive information compromised, or supply chains disrupted. In 2019, the average cost of a cyberattack on small businesses was $200,000. Small businesses provide all manner of essential services and support to enterprise businesses and local governments, making our cities’ leadership acutely aware of the importance of cyber hygiene and assisting small businesses to adopt safer cyber practices.
The Global Cyber Alliance (GCA), with the support of our development sponsor Mastercard, has completed the homework to identify valuable tools to address the most critical cyber risks faced by small businesses. Drawing upon internationally recognized cybersecurity best practices, the GCA Cybersecurity Toolkit for Small Business provides free, practical, and effective software resources these organizations can use right away to reduce their risk. More than 80% of the GCA Cybersecurity Toolkit for Small Business can be implemented in one hour or less.
Using the GCA Cybersecurity Toolkit will help an organization assess its security posture, implement free tools, find practical tips, and use free resources and guides to improve the company’s cybersecurity readiness and response in the following areas:
- Identifying and updating devices, applications, and systems
- Implementing strong passwords and two-factor authentication
- Preventing viruses and phishing with anti-virus software, ad blockers, and DNS security
- Defending against ransomware with up-to-date backups for recovery
- Protecting organizational email and reputation with DMARC
GCA encourages city leaders and local governments to share the toolkit with their community organizations including: small businesses, chambers of commerce, city partners, business associations, community foundations, and entrepreneurship centers. In the wake of the COVID-19 pandemic, it is especially important to assist small businesses in securing their cybersecurity posture. Our aim is simple: to provide tools that are accessible and empower small businesses to take action to be more secure. We all benefit – economically and socially – when all parts of the digital ecosystem are more secure.
About GCA: The Global Cyber Alliance is an international, nonprofit organization that works to confront cyber risks and improve our connected world. GCA was established in September 2015 by the Manhattan District Attorney’s Office, the City of London Police, and the Center for Internet Security, an internationally respected voice in the definition of benchmarks and best practices on cybersecurity. Through webinars, bootcamps, and training we work to unite global communities and measure the effectiveness of the solutions to let metrics drive action.