Four Common Cybersecurity Risks Faced by SMBs
Cybersecurity is more important than ever before to businesses of all sizes around the world. Whatever industry your business operates in, you can never be guaranteed safety from hacking, cyber-attacks, and data breaches. Data breaches and attacks on big companies are in the news more than ever, but the truth is that the situation is worse than what you hear about on the news.
Small to medium businesses (SMBs) are bigger targets for hackers and cybercriminals than ever before due to a collective attitude that data breaches are only something that happens to the big-name companies. This leads to smaller enterprises being easier to target due to looser security measures and a general lack of knowledge. Sadly, while the large companies are the ones that make the news, cyberattacks on smaller businesses are on the rise. Here are some common situations to be aware of, prevent, and prepare for.
It’s difficult to run a business of any size today without collecting data on customers and employees. Your company data may be very sensitive, and even if you’re not gathering lots of data, or the data you gather is not on customers, don’t be fooled into thinking that you won’t be targeted. Any type of data is an asset, and sooner or later, cybercriminals may try and get access. In fact, for most small businesses today, it’s a question of when, rather than if, an attempted data breach is going to happen.
Being prepared with strong security measures is absolutely essential to prevent this. The best way to prevent a data breach in your small business is to work with an IT support provider. You can outsource your IT support Kent to a company like Impreza IT. They are an IT services provider offering IT support Kent-based to small and medium enterprises to improve security and IT infrastructure.
Ransomware attacks may not be as common as some of the others on this list, but it’s crucial that your business is well-prepared for this unfortunate event to occur. A ransomware attack happens when cybercriminals use malicious software to take your data hostage, threatening to cause a huge data breach and ruin your company’s reputation if you do not pay a set ransom that they demand. For this reason, ransomware attacks can be some of the most dangerous that your business might face. And while working with a good IT provider to prevent hackers from getting into your system will help you avoid becoming the victim of a ransomware attack, it is also worth considering getting a good business insurance policy that covers you in the event of this type of attack taking place, to protect your business financially in the worst-case scenario.
Phishing attacks have been around for a very long time – and they are only getting more and more sophisticated. If you’ve ever received an email claiming to be from an individual or company that you trust when it was not, then you have been targeted with a phishing attack. Most of us would like to think that we’d know how to quickly spot a phishing email or message should we get one. And while many of them are obviously dodgy, some phishing is completely overlooked because there are absolutely no clues. To protect yourself against phishing, it’s not only important that everybody in your company is clued up on how to spot a phishing attack but to also make it a policy to double-check any emails asking for information, even if they appear to be from a trusted source. A quick phone call can help you determine whether or not an email is safe to respond to.
Finally, many businesses today face huge cybersecurity risks that are simply down to human error, a lack of awareness, and carelessness. This is why it’s so important to ensure that every member of your team is on board when it comes to cybersecurity, and provide regular training so that everybody in your business can work together to prevent an attack. Passwords can be one of the easiest ways for hackers to get into your business systems, so it’s important to have a strong password policy in place that involves using unguessable passwords, changing passwords on a regular basis, and using different passwords to log into different parts of the system.
Today, cybersecurity is a bigger issue than the majority of small to medium business owners might realize. Cybercrime is on the rise and smaller businesses are often the easiest target due to a lack of awareness and unpreparedness. The best thing that you can do to help your business avoid being attacked, and ensure that you are equipped to handle an attempted attack, is be aware of the common risks that small businesses face and what to do about them.