Did you know many small businesses are one fraudulent wire transfer away from going out of business? The average cost for a data breach for a U.S. company as of 2016 was seven million dollars. Many businesses have already been breached but don't even know it. So how do you protect yourself and your company's information secure? Scott Shackelford, assistant professor of business law and ethics for the Kelley School of Business shares how you can keep your information protected from hackers in this episode of The ROI Podcast.
Show Notes: 0:01 What does "hacker" mean to you? 0:36 Introduction to The ROI Podcast with Shane Simmons and Phil Powell. 1:08 In this episode of the podcast, Shane and Phil talk with Scott Shackelford, assistant professor of business law and ethics for the Kelley School of Business. 1:47 The average cost of a data breach for a U.S. company as of 2016 was seven million dollars. 2:19 There have been several data breaches in Indiana, including Anthem. 2:56 It's not only big companies that can be targeted. 4:54 How do you protect yourself and your data from being hacked? 5:25 There's a focus on offense rather than defense in the cybersecurity space. 6:04 Right now many companies have a faith-based approach to cybersecurity where they pray every night nothing bad will happen. 8:00 Tips for mitigating your risk of being hacked. 10:40 Shane and Phil wrap-up this episode of The ROI Podcast.
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Do you have a question? Looking to get help on a business decision? Know a great guest for our show? Email roipod@iupui.edu so we can help your organization make better business decisions.
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Ready to take your next step? Check out if a Kelley MBA is right for you: https://bit.ly/3m2G6D5
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REWIND: Part 2 - How are brilliand careers made and unmade | Ep. 221
REWIND: Part 1 - How are brilliant careers made and unmade | Ep. 220
REWIND: How to successfully scale your business | Ep. 219
REWIND: Part 2 - How to break the habits holding you back from your next promotion | Ep. 218
REWIND: Part 1 - How to break the habits holding you back from your next promotion | Ep. 217
Part 3: Leading for and having personal joy | Ep. 216
Part 2: Dealing with the daily drama | Ep. 215
Part 1: Taking charge with care | Ep. 214
Building authentic relationships that lead to incredible opportunities | Ep. 213
Are we on the path to a recession? | Ep. 212
REWIND: So you finally started your company, now what? | Ep. 211
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REWIND: How to find an emotionally rewarding career | 209
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How to fund your million dollar idea | Ep. 207
Why saying yes to opportunities matter | Ep. 206
How to successfully lead a diverse team | Ep. 205
How to prepare for working abroad | Ep. 204
Part Two: How to see humans more than just resources in an organization | Ep. 203
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