The Official Website of the State of West Virginia

Understanding Cybersecurity Risk — Small Business Edition


Businesses of all shapes and sizes confront cybersecurity risk each and every day, and the COVID pandemic has added a few challenges to the equation. Let’s look at what owners of small businesses need to understand to properly manage their cybersecurity risk.
Every single business has some level of risk that its business owners need to understand and manage in order to be successful.  There are risks related to financing, office space, staffing, supply chain, inventory, and physical security – just to name a few.  Cybersecurity risk is a subset of overall business risk, and in 2021, it can represent a significant percentage of all the risk that a business owner will have to understand and manage.
Owners and proprietors of small businesses today are often at a disadvantage when the topic of cybersecurity risk arises, for three very important reasons:
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