How identity management can keep you out of the news – for the right reasons

By Jack Skinner
President and Founder
Oversee My IT

 

The problem

  • Small companies can avoid negative publicity from digital break-ins by using technology and procedures to ensure the right people in their organizations have access to the right information.
  • Quest Diagnostics this week became latest large company to suffer a data breach because of security issues at small vendor.
  • Details on Quest breach:
  • Digital intruders at American Medical Collection Agency had access to info on 11.9 million Quest patients, such as:
    • Social Security numbers
    • Certain financial data
    • Medical information (but not laboratory tests)
  • Though details aren’t yet available on how hackers got into American Medical, this typically happens because employees click on innocent-looking links that are actually malicious software.
    • Other examples:
      • Target
      • Home Depot
      • Jimmy John’s
  • To avoid fines, lawsuits and other expenses that can wipe out small companies, entrepreneurs are well-advised to establish measures like two-factor authentication to help prevent the bad guys from getting in to begin with.

What identity management is, why it’s helpful

  • By having employees verify their identities several ways, identity management helps prevent problems from lost passwords.
  • Building in multiple layers of security like this allows easy implementation of the management system without interfering with work flows.
  • It also helps in detecting breaches and minimizing the impacts those intrusions can cause.

Easier than you might think

  • Small businesses sometimes already have the tools, such as Microsoft 365. A technology vendor simply needs to set things up.
  • After that, the company will pay manageable monthly fees to keep the system working.
  • Even if the business lacks the tech tools for identity management, vendors can install them and get them operating – with similarly workable monthly fees after that.

Spend a little now, or a lot later

  • As health care regulations do not provide strict guidelines on data security, a number of small health care organizations have little to none.
  • Entrepreneurs often believe their companies are too small for hackers to target them. In truth, they can be stepping stones to their large partners.
  • Breaches are inevitable and can cost $1.5 million to $5 million or more – a toll small businesses can’t survive.
  • Fortunately, spending a relatively small amount up-front can prevent intrusions – and keep a business happily off the front page.

 

Contact Jack Skinner at Info@OverseeMyIT.com

 

About Jack:

  • President and Founder of Oversee My IT, an Irving-based company that works with small and mid-sized businesses make their technology trains run on time.
  • Launched in 2007, Oversee My IT helps organizations with 10 to 200 employees to run their computers, secure their data and handle compliance.
Post by Chelsea Skinner

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