Online Risk Management
We all know having an online presence enables small businesses to expand the reach of our products and services to a wider range of customers however we must be cautious in managing the risks our reliance attracts. Late one Friday afternoon in 2011 an unemployed truck driver chose a small online business to hack – Distribute.IT. This attack eventually destroyed Distribute.IT’s production data, backups, snapshots and any information the highly competent IT savvy owners attempted to salvage. 30,000 of their clients’ websites were taken offline with some ultimately unrecoverable. Distribute.IT’s owners were eventually forced to sell the remainder of their business, their homes and put ten years of their, once profitable, business behind them because of this apparent random malicious hack.