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Small Business: Securing data with smart passwords

Bob Goldfarb, managing partner at the Woodbury accounting

Photo credit: Newsday / Audrey C. Tiernan | Bob Goldfarb, managing partner at the Woodbury accounting firm of Schoenfeld Mendelsohn Goldfarb Llp, says the company has taken several steps to ensure data security, including locking file cabinets and implementing a formal password policy. (Aug. 9, 2012)

Jamie Herzlich

Newsday columnist Jamie Herzlich Jamie Herzlich

Herzlich writes the Small Business column in Newsday.

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Last year, data breaches cost U.S. companies $5.5 million on average, according to a recent study released by Symantec Corp. and the Ponemon Institute.

Securing corporate and client data can be a hefty task, considering all the potential threats from outside hackers.

Creating secure passwords is a critical part in helping to protect a company's proprietary information and needs to be...

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