THRIVE, a Paychex Business Podcast

On Guard: Why IT Security Remains a Business Priority

October 26, 2021

Whether it’s compromised emails, phishing attacks, ransomware or more, IT security risks are a key concern for businesses today. When might passwords disappear in favor of biometrics? What is “smishing” and how could it impact you? In this episode, WIRED magazine senior writer Lily Hay Newman shares her expertise on trends happening in the field of information security and digital privacy, and why she advocates disclosing data breaches to improve IT safety for all businesses. 

Topics include:

2:36 - The tenor of tech reporting
7:28 - Why passwords are problematic
10:26 - Vulnerabilities in multi-factor authentication
15:29 - Biometrics can still carry risk
22:22 - Why reporting ransomware attacks is wise
26:55 - Compromised emails are top concern
28:48 -"Smishing" a new threat
32:05 - Reducing your personal "attack surface"


How can your Small Business improve your data security? Learn more at with our article "What is Cyber Security and What Does it Mean for Your Business?" at

Concerned how to protect your business data while employees work from home? Find tips at:

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The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.