Small Business Cybersecurity Statistics You Should Know
Small businesses, similar to all enterprises, have to manage customer data. This includes PII, which means personally identifiable Information. They are often not equipped to protect their data from cyberthreats. They are easy targets for state-sponsored and scripted criminals. That’s why cybersecurity is crucial. Even amateur cyber criminals are aware of the likelihood that they will find a user who will fall for the phishing email, or an employee with a default password or obvious password. This is especially true in small businesses where cybersecurity training and employee awareness are often neglected in the hope that bad actors won’t be too busy hunting big-game hunters. Small businesses can also be negligent when it comes to network security. They leave equipment with default passwords and don’t implement WPA2/WPA3 protection. Small businesses are also less likely to follow cybersecurity best practices such as strong passwords, frequent changes, patch management, principle of least privilege and revoking access when not needed. Small businesses are at risk Small businesses are most at risk from social engineering. This is mainly through phishing scams. Attackers can trick innocent users into giving out sensitive or confidential information or clicking on malicious files or links that contain malware. IT support professionals working with small businesses are increasingly concerned about ransomware and double-extortion attacks. Sometimes it isn’t advanced threats that cause incidents, but little things like an employee leaving a sticky with his credentials on a desk. This can expose the entire system and lead to a variety of threats. The Covid-19 crisis highlighted 2020 as a year marked by cyberattacks that leverage vulnerabilities in hastily created work-from-home deployments. After global lockdowns, small businesses were most at risk. Security was often neglected in the quest for continuity. Many small businesses let employees access their internal resources from their personal devices, blurring the lines between business and personal devices. Smaller companies that have limited IT resources and staff had to deal with this large-scale, unplanned work-from-home experiment. Cybersecurity Statistics for Small Business OwnersIt is important to keep up with current cyber-attack statistics in order to understand the state of cyber threats and commonly used vulnerabilities. This will also help you to identify the implications of successful cyberattacks and how to mitigate them. Here are 10 critical cybersecurity statistics that will help you see the lack of preventative and combative actions in small businesses despite modern cyber attacks.
Moving forward: What is required?These statistics show the dire cybersecurity situation for small businesses. While it is true that advanced cybersecurity tools, techniques and expertise are not cheap, the cost of a successful hack can be enough to take a small business out of business. It may appear that you are either damned to do it or damned not to. Small businesses should try to cut costs wherever possible. If you don’t have the budget for security personnel, consider hiring an MSSP or MSP with security features like SpartanTec in Charleston SC. You can make a big difference by taking small steps. Focus on what is essential to survive in a complex threat environment. Even the most basic cybersecurity practices can greatly reduce the risk. Here are some tips to improve your cybersecurity without spending a fortune:
Call SpartanTec, Inc. now if you need help in boosting your company’s cyber security measures.SpartanTec, Inc. Serving: Myrtle Beach, North Myrtle Beach, Columbia, Wilmington, Fayetteville, Florence, Charleston via Blogger https://ift.tt/DqGEBvHZg February 03, 2022 at 10:38PM
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