When we think about the most public cyber attacks and data breaches, we generally associate them with large enterprises. The truth is cyber attacks are not limited by company size. A significant cyber attack can happen to any company, in any industry and of any size.
According to the 2019 Cost of a Data Breach report by the Ponemon Institute, “small businesses face disproportionately larger costs relative to larger organizations when it comes to breaches.”
Typically, one of the most valuable assets for any sized company is their data, and data theft or destruction is probably the most frequent result of cyber attacks on small and medium businesses (SMB). SMBs can be very profitable targets for bad actors, because they have fewer resources and little in-house expertise to plan, implement and execute a cybersecurity incident response plan. Business drivers and modernization needs make it an even trickier balancing act with the new norm of working from home.
So how can SMBs protect themselves against costly cyber attacks? The short answer is by selecting a security information and event management (SIEM) platform that will detect threats before they’re able to wreak havoc. However, not all SIEMs are built to address the unique needs of SMBs.
SMBs are particularly vulnerable to the following security use cases, so be sure the threat detection and response software you choose to deploy addresses the following concerns.
Phishing
Phishing is a concern for security teams across the world, and sma ..
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