ANCHOR LEAD: When you hear about data breaches in the news, the focus tends to be on large corporations, cyber-attacks and hackers. Chanel Caraway explains why small business owners have some misconceptions when it comes to experiencing a data breach. (:60)
SCRIPT: Newsbreak, I'm Chanel Caraway. A recent study by The Hartford found that 39 percent of small business owners do not think there would be an impact on their business if they experienced a data breach. Author and Small Business Owner Gene Marks, says that could be a costly misconception.
CUT: (Marks) If you're running a small business you have every bit of the same issue, the same exposure that a large business has. It's not just about your IT systems, it's about your physical files. Is about a sales person losing data while they're on the road or some employee who is disgruntled stealing some information from you.
SCRIPT: In addition to taking the proper steps to safeguard your information, Lynn LaGram with the Hartford, says you should consider having an insurance solution.
CUT: (LaGram) The Hartford has developed it's data breach coverage which provides services to help a small business owner assess whether a breach has even occurred, how wide spread it might be, but also provides financial support to pay for notification requirements, credit monitoring, and in the event suit may be brought, helps pay for things like legal fees and settlements.
SCRIPT: For more information visit TheHartford.com/playon. That's Newsbreak from The Hartford.
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