Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Bloomberg Customers

When Small Businesses Should Encrypt E-mail

Posted by: Today's Tip Contributor on July 28, 2011

Small business owners may not realize that their companies are only as secure as the last e-mail they sent. It is for good reason that small businesses are being held responsible for the information they share about their customers through online applications and e-mail. As more business is done online, the pool of information increases, and so does the risk of security breaches. As Internet privacy regulations continue to evolve, small businesses need to pay attention to compliance.

"Encrypting" e-mail is one way to guard against the e-mail you send being accessed by unwanted parties. But how do you know if encryption is right for you? If you can answer yes to one or both of the points below, your business should consider encryption services:

Do you share confidential information about your business or customers by e-mail? This includes account numbers, dates of birth, or highly sensitive internal strategy documents.

Do you operate in a regulated industry, such as health care or financial services, or in a state with privacy regulations such as Massachusetts or California?

The average cost of a data-loss incident for U.S. organizations was $6.75 million in 2009, or $204 per compromised record. In the event of a breach of confidential information, companies are financially accountable, and no business wants to pay the fines. Businesses need to know they have control of the communications coming and going from their companies.

Jonathan McCormick
Chief operating officer
New York

Post a comment



Want to improve the way you run your business? Entrepreneurs, academics, and consultants from diverse industries offer practical advice on a variety of topics each business day.

To submit a tip for consideration, first check our archive of previous tips to make sure you're not repeating a tip someone has already contributed. Then send the tip to Small Business channel contributor Michelle Dammon Loyalka. Because of the volume of material she receives, she may not respond to each individual.

BW Mall - Sponsored Links

Buy a link now!