We found Bloomberg BNA’s recent interview with Patrick Fraioli, partner and chairman of the Data Privacy & Security Workgroup at Ervin, Cohen & Jessup LLP, quite insightful. The overarching theme of Mr. Fraioli’s interview is that small and medium-size businesses (SMBs) are feeling the greatest impact from cybercrime. As Sequel has said before, and as Mr. Fraioli discussed, failure to educate and train employees on the best privacy and security practices, lack of a swift response plan, and a lack of comprehensive written policies mark the most common and most significant cybersecurity vulnerabilities for SMBs. With this in mind, the best thing an SMB can do is institute a customized information governance program, one that follows cost-effective practices, to help prevent data loss incidents and to recover quickly if one occurs. By taking the time to make sure your office has incorporated these rules, the vast majority of data breaches can be prevented, along with the costly damage they bring. Read Mr. Fraioli’s interview with BNA in full here.