Employees who access company data outside the office on a company or personal device create an increased cyber risk for businesses. Hackers are increasingly targeting small businesses, as those more likely to have weak online security, less likely use cloud services without encryption technology and lack full-time IT support. Symantec, an online security company, says that cyber attacks rose 200% for small businesses in 2012, and increased another 62% in 2013.

Small businesses are not thinking about these risks, according to Hiscox, as only 4% of the surveyed 1,023 small business owners are concerned about security breaches exposing data or impacting sales.

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