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Source AlienVault.webp AlienVault Lab Blog
Identifiant 8342968
Date de publication 2023-06-07 10:00:00 (vue: 2023-06-07 10:06:28)
Titre How can small businesses ensure Cybersecurity?
Texte The content of this post is solely the responsibility of the author.  AT&T does not adopt or endorse any of the views, positions, or information provided by the author in this article.  Small businesses are more vulnerable to cyber-attacks since hackers view them as easy victims to target. While this may seem unlikely, statistics reveal that more than half of these businesses experienced some form of cyber-attack in 2022. It\'s also reported that state-sponsored threat actors are diversifying their tactics and shifting their focus toward smaller enterprises. Cyber-attacks against small-sized businesses do not always make headlines, but they have potentially catastrophic impacts. These attacks can result in significant financial and data loss, sometimes shutting down the business. Therefore, it’s crucial that small businesses make cybersecurity a top priority. What drives more cybersecurity attacks on small businesses? Small businesses are on the target list of hackers mainly because they focus less on security. On average, SMBs and small businesses allocate 5%-20% of their total budget to security. Additionally, human mistakes are the root cause of 82% of cyber breaches in organizations. Cybercriminals take advantage of their weak security infrastructure and exploit the behavior of careless employees to launch insider threats and other cyber-attacks successfully. A report reveals various cyber-attacks that often target small businesses, such as malware, phishing, data breaches, and ransomware attacks. Also, small businesses are vulnerable to malware, brute-force attacks, ransomware, and social attacks and may not survive one incident. The influx of remote working culture has added new challenges and cybersecurity risks for small businesses. This culture has given rise to a large number of personal devices like mobile phones, laptops, and tablets that can easily access sensitive information. Many employees don\'t undergo regular scans of their phones and laptops for potential vulnerabilities. In addition, few companies can provide access to password management software or VPNs to protect their internet connection and credentials and maintain security on rogue Wi-Fi networks. Statistics also reveal that only 17% of small businesses encrypt their data, which is alarming. Moreover, small businesses are at a higher risk of being attacked because they have limited resources to respond to cyber-attacks. Unlike large organizations, they don\'t have a dedicated IT team with exceptional skills and experience to deal with complex cyber-attacks. They also have a limited budget to spend on effective cyber security measures. Hence they don\'t invest in advanced cybersecurity solutions or hire professionals to manage their cybersecurity. Impacts of a Cybersecurity attack on small businesses Cyber-attacks on small businesses can result in
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Tags Ransomware Data Breach Vulnerability Threat Cloud
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