Many small business owners believe that only larger companies are subject to cyber-attacks. A 2014 study by Symantec revealed that 61% of all targeted attacks are on small and midsize businesses. This is up 13% from a study done in 2013. Midsize companies are defined as businesses with less than 250 employees. The National Small Business Association did a study and found that 44% of small businesses have been the subject of at least one cyber-attack. This is typically not covered on your general liability policy but some companies provide a limited amount on their package policies.
been amazed how many small businesses don’t think that they have any exposure
because they have a fire wall or antivirus on their computer. They also think
that because they have an IT company overseeing this they have no exposure.
Actually most IT companies don’t protect their clients from a cyber-attack and
some even have the business owner indemnifying them.
Do you have a
return to work policy for injured employees? If you have an experience
modification this can save you money. Even if you don’t have an experience
modification this is still a proactive tool that will assist in getting your
employee back to work. Did you know that if you take someone back to work at a
lesser salary, the insurance company can make up some or all of the difference
between what you pay the injured worker and what their salary was before the
workplace injury? Talk to your insurance broker about this. Keep in mind the
maximum the insurance company will pay is two thirds of the salary up to a
maximum of about $1100 a week. These benefits are not taxable.
week I asked people on my email to identify an elected official or government
employee that has been helpful to small businesses or helpful to your company.
I did not get many responses. The people who were given to me were Libby
Schaaf, the new Mayor of Oakland, and Senator Ted Gaines. I chose Toni Symonds,
Chief Consultant of JEDE. I will try one more time. Send me the name of an
individual, what they have done and their contact information. I will send a
letter from Small Business California thanking them. I will send a copy of the
letter to you.
2311 Taraval Street
San Francisco, CA 94116