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Security Breach and Other Cyber Concerns: Insights for Small Businesses

 

The Security magazine article, “As Cyber Attacks Become More Prevalent, Here’s Why Your Small Business is at Risk,” offers insights about security breach and other cyber concerns for small businesses.

From the article: “… While many of the cybersecurity attacks and breaches we see across headlines happen at major enterprise organizations, the reality is cybercriminals don’t discriminate by size and the aftermath of an attack can devastate a small business. In fact, cyberattacks on small businesses are more common than many think, with more than two-thirds (67 percent) of companies with fewer than 1,000 employees having experienced a cyberattack, and 58 percent having experienced a breach, according to a recent report [by Ponemon Institute and Keeper Security].”

Key motives why cybercriminals focus on small businesses include:

  • Small businesses collect data that can be sold at a profit such as Social Security Numbers and bank account information. If a cybercriminal is able to hack a large organization, they can also hack a small business.
  • Businesses are interconnected these days, with smaller companies acting as suppliers to many larger organizations. Often hackers target smaller parties such as vendors to gain access to larger companies.
  • Ransomware is a common cyberattack method because hackers are ultimately seeking money for their efforts.

Click this link to read more from the article.

For more on cybersecurity trends, check out this Hikvision blog: “Key 2019 Hikvision Cyber Blogs Offer Tips to Prevent a Vulnerability, Deter Password Hacks and Backdoor Exploits.”

Cybersecurity

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