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Data Protection
Small businesses at high risk for data breach
Small businesses at high risk for data breach

To the money managers at Silversage Advisors in Irvine, it seemed like a no-brainer to store backup computer drives far from the main office to ensure seamless operations in case of a calamity. Then professional burglars hit the home where the drives were kept, cracked open a safe bolted to the floor and made off with the financial records of hundreds of the firm's affluent clients: names, addresses, Social Security and driver's license numbers, account information. The lesson for Silversage and other small businesses is simple, said Daniel D. Sands, a managing partner at the firm: "It's not a question of if you're going to have identity theft. It's a...

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