Abstract
Security threats to small organizations are on the rise and many small organizations do not have the aptitude to address and properly responds to these incidents within their organizations. According to a 2016 Ponemon Institute survey of 600 small businesses, fifty percent (50%) had experienced a data breach and fifty-five percent (55%) had experienced a cyber attack in the past twelve months. Having an incident response plan is the most noteworthy cost-saving measure. The 2017 IBM and Ponemon Study found that organizations who can contain a breach in less than 30 days can save about $1 million. Hence, a small organization without an incident response plan is very likely to face great reputational damage and financial losses. The research methodology reviews current incident response frameworks, identifies relevant incident response guidelines and tailors the current and relevant frameworks into a small business-centric incident response guide that tackles threats the small hotels and casinos face.
Published Version
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