FTC Introduces Free Online Cyber Security Tool for SMEs

The US Federal Trade Commission has announced its plans to release an online tool that will help small and medium enterprises combat threats on the web.

The Small Biz Cyber Planner is an online tool that will allow small and medium-sized businesses to develop their own cyber security strategies, as hackers continue to increase cyber attacks against such companies.

The tool has been designed to ask a series of questions after which it suggests a cyber security strategy based on the answers it gets.

The tool was announced by FCC head Julius Genachowski at a cyber security event organised by the US Chamber of Commerce.

"We know that hiring cybersecurity experts is costly. This tool will be of particular value for businesses that lack the resources to hire a dedicated staff member to protect themselves from cyber-threats. Even a business with one computer or one credit card swiper can benefit from this important guidance," he said at the conference.

"And we also know that small business owners are busy so this tool is purposely designed to be simple, quick and effective," he added.

The FCC recognises that small businesses are a key factor in the growth of US economy and need to be protected against cyber attacks. Given a proper security strategy, small businesses will be able to protect their online infrastructures better.