For the average SME, cybersecurity can be a scary thing to think about. Without the funding, expertise or staff to throw a dedicated cybersecurity team at the problem, it is incredibly common for security to fall through the cracks when businesses are developing and growing at lightning speed.
Small businesses often don’t see themselves as a likely target, but when you look at the data, small businesses are breached at an alarmingly regular rate. – In fact, much more regularly than their larger counterparts. According to one of the UK’s largest insurers, 65,000 cybersecurity attacks target SMEs every single day. And, a small business in the UK is hacked about every 19 seconds.
There are millions of cyber crimes committed each year, far too many for under-resourced police forces to deal with. This effectively leaves businesses of every size wide open to attack.
The logistical effects of a cyberattack
There’s a dangerous perception among many SMEs that they are simply not worth attacking. This isn’t the right way to think about cyberattacks. It might not be immediately obvious why a cybercriminal would attack your business. Perhaps you don’t host much data or what you do have isn’t thought of as ‘sensitive’. However, the simple truth is that all data has value in the right – or wrong – hands.
The effects of a cyberattack can reach much further than just the loss of data. A cyberattack such as a ransomware attack or a DDoS attack could halt business functions, resulting in indirect loss of earnings via do ..
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