What small businesses really think about cybersecurity, what solutions they need from the cybersecurity industry & why 60% of small businesses don't go out of business after a data breach with Adam Selwood
Jul 31, 2019•38 min•Season 1Ep. 4
Episode description
The Intro
Beverley won’t let Louisa move into the spare room, even if it is her birthday!Beverley talks about how we all want to help small business with their cybersecurity but are we doing the right things that are right for that marketLouisa has been researching (again) looking at the confusing landscape of advice for small businesses on cyber securityWhy Adam is the perfect guest to help us better understand the market, the problem and what small business needs from security
The Chat
Adam Selwood is Director, Co-founder and CTO at Cynch Security and we are so pleased to have a local Melbourne cybersecurity entrepreneur in the café with us!
We talk aboutWhere Adam started his career, how he moved into cybersecurity and why he loves itWhy he and Suzie first discovered the pain that small business experiences around data breaches and the passion he and Suzie found for trying to finding solutions to help themWhat is a small business and how to define that areaThe challenges with getting data around the impacts for small businessWhat are the attitudes towards cybersecurity within small businesses and whether they are optimistic about their securityWhether it’s a realistic figure that 60% of small business go out of business after a cyber attackWhat are the characteristics on a small business and the challenges they haveWhat small business needs from cybersecurity solutions and what they have invested in so farHow the cybersecurity industry can confuse small business with our languageWhy small businesses are not keeping up to date with cybersecurity threats and solutions to address thoseWhat the biggest risk for small business is when it comes to cybersecurityThe relationship between small business and large corporates when it comes to supply chain riskThe changing landscape for small business around regulation and how this will impact themWhat the future holds for small business security includingincreased data breach regulation (and disclosure)customers driving increased security from small businessDigital natives changing the expectations of small businessIncreasing attacks affecting small businessWhy there is no bigger problem in cybersecurity than small business security and why Adams is optimistic on the solutions coming for small businessWhy cybersecurity is part of a long list of challenges for small businessAdam’s fantastic advice for would be entrepreneurs in cybersecurity
The debriefOur key takeaways from the chat includingConfirmation email is the biggest threat for small businessThe amazing amount of passion and due diligence done by Adam and Suzie on the problems that small businesses experienceWhy we should support Cynch and why small business is important for the Australian economyThe misquoted fact about the number of small businesses that go out of business after a cyber attackWhere to find facts that you can use about small business cybersecurity
How to follow Adam:Visit: https://cynch.com.au/LinkedIn: https://www.linkedin.com/in/adamselwoodTwitter @adamselwood
CREDITS
Guest: Adam SelwoodHosts: Beverley Roche and Louisa VogelenzangProducer/Editor: Louisa VogelenzangSound Producer: Darcy Milne (Propodcastproduction.com)
RESEARCH
The in-question fact about 60% of small businesses going out of business after a cyber attack
https://staysafeonline.org/press-release/national-cyber-security-alliance-statement-regarding-incorrect-small-business-statistic/
https://www.bankinfosecurity.com/blogs/60-hacked-small-businesses-fail-how-reliable-that-stat-p-2464
Security Boulevard facts you can use on small medium business security (with some facts around small business only)
https://www.securityboulevard.com/2019/06/15-small-business-cyber-security-statistics-that-you-need-to-know/amp/
CONTACT THE CYBERSECURITY CAFÉ
Join our LinkedIn Group https://www.linkedin.com/company/the-cybersecurity-café
Email us:
louisa@cybersecuritycafe.com.aubeverley@cybersecuritycafe.com.au
Visit our website: https://www.cybersecuritycafe.com.au
Want to be on the show? Send us your bio and an overview on what you want to chat about and we’ll be in touch asap.
We also welcome guest suggestions – in particular we’d love to hear from new voices in the industry who have new ideas to share about the human side of security.
Beverley won’t let Louisa move into the spare room, even if it is her birthday!Beverley talks about how we all want to help small business with their cybersecurity but are we doing the right things that are right for that marketLouisa has been researching (again) looking at the confusing landscape of advice for small businesses on cyber securityWhy Adam is the perfect guest to help us better understand the market, the problem and what small business needs from security
The Chat
Adam Selwood is Director, Co-founder and CTO at Cynch Security and we are so pleased to have a local Melbourne cybersecurity entrepreneur in the café with us!
We talk aboutWhere Adam started his career, how he moved into cybersecurity and why he loves itWhy he and Suzie first discovered the pain that small business experiences around data breaches and the passion he and Suzie found for trying to finding solutions to help themWhat is a small business and how to define that areaThe challenges with getting data around the impacts for small businessWhat are the attitudes towards cybersecurity within small businesses and whether they are optimistic about their securityWhether it’s a realistic figure that 60% of small business go out of business after a cyber attackWhat are the characteristics on a small business and the challenges they haveWhat small business needs from cybersecurity solutions and what they have invested in so farHow the cybersecurity industry can confuse small business with our languageWhy small businesses are not keeping up to date with cybersecurity threats and solutions to address thoseWhat the biggest risk for small business is when it comes to cybersecurityThe relationship between small business and large corporates when it comes to supply chain riskThe changing landscape for small business around regulation and how this will impact themWhat the future holds for small business security includingincreased data breach regulation (and disclosure)customers driving increased security from small businessDigital natives changing the expectations of small businessIncreasing attacks affecting small businessWhy there is no bigger problem in cybersecurity than small business security and why Adams is optimistic on the solutions coming for small businessWhy cybersecurity is part of a long list of challenges for small businessAdam’s fantastic advice for would be entrepreneurs in cybersecurity
The debriefOur key takeaways from the chat includingConfirmation email is the biggest threat for small businessThe amazing amount of passion and due diligence done by Adam and Suzie on the problems that small businesses experienceWhy we should support Cynch and why small business is important for the Australian economyThe misquoted fact about the number of small businesses that go out of business after a cyber attackWhere to find facts that you can use about small business cybersecurity
How to follow Adam:Visit: https://cynch.com.au/LinkedIn: https://www.linkedin.com/in/adamselwoodTwitter @adamselwood
CREDITS
Guest: Adam SelwoodHosts: Beverley Roche and Louisa VogelenzangProducer/Editor: Louisa VogelenzangSound Producer: Darcy Milne (Propodcastproduction.com)
RESEARCH
The in-question fact about 60% of small businesses going out of business after a cyber attack
https://staysafeonline.org/press-release/national-cyber-security-alliance-statement-regarding-incorrect-small-business-statistic/
https://www.bankinfosecurity.com/blogs/60-hacked-small-businesses-fail-how-reliable-that-stat-p-2464
Security Boulevard facts you can use on small medium business security (with some facts around small business only)
https://www.securityboulevard.com/2019/06/15-small-business-cyber-security-statistics-that-you-need-to-know/amp/
CONTACT THE CYBERSECURITY CAFÉ
Join our LinkedIn Group https://www.linkedin.com/company/the-cybersecurity-café
Email us:
louisa@cybersecuritycafe.com.aubeverley@cybersecuritycafe.com.au
Visit our website: https://www.cybersecuritycafe.com.au
Want to be on the show? Send us your bio and an overview on what you want to chat about and we’ll be in touch asap.
We also welcome guest suggestions – in particular we’d love to hear from new voices in the industry who have new ideas to share about the human side of security.
See omnystudio.com/listener for privacy information.