Daily Flux Report

Small Business Administration software update has increased risk of cyberattack


Small Business Administration software update has increased risk of cyberattack

WASHINGTON (TNND) -- A new software update put out by the Small Business Administration (SBA) prevented small businesses from working with the government and increased the risk of a cyberattack.

Deputy Public Policy Editor for Open the Books Rachel O'Brien says that the new program was meant to consolidate redundant processes so small businesses could more efficiently be contracted with the SBA, but the update prevented new businesses from signing up, took almost two months to complete and came at an inconvenient time.

Then a review of the system revealed there was an increased likelihood of a successful cyberattack.

For more on how the SBA and the software update, watch the video player above or visit The National News Desk's YouTube channel for O'Brien's full interview.

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