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Why Cybersecurity First IT Matters to Small Businesses
*Source Wired
AS A SMALL business owner, it’s easy to read the seemingly never-ending headlines about cybersecurity breaches at enterprise companies and be lulled into thinking that you aren’t a target. After all, hackers are after the massive storehouses of customer data or proprietary information held by leading companies, right? Not necessarily.
While the biggest headline-grabbing hacks involve large companies, cybercriminals don’t discriminate by size. As a matter of fact, even some of the biggest data breaches of the 21st century started out at small businesses. The cyberattack that hit a major retailer in 2014, exposing the personal data of more than 100 million accounts, was carried out via the network of an HVAC contractor that worked with the chain.
Two thirds (67 percent) of companies with fewer than 1,000 employees have experienced a cyberattack, and 58 percent have experienced a breach. These statistics make it clear all businesses need a solid cybersecurity strategy. Be it ransomware, DDoS (distributed denial of service), phishing or some other threat, there is no shortage of cyberthreats targeted at small businesses.
Small and medium-sized businesses don’t have the deep pockets that enterprise organizations do. So why are they such a target for hackers? There are a few key reasons:
Enterprise organizations have entire teams devoted to handling cybersecurity. At many small businesses, those efforts, if undertaken at all, are handled by someone who likely wears many other hats in the day-to-day operation of the business. That makes small businesses particularly vulnerable to hackers. After all, a cybercriminal only needs to be right once. In order to stave off a successful attack, you need to be right 100 percent of the time.
To achieve peace of mind in the modern threat landscape, small business owners need to have a solid security strategy in place. That kind of preparedness starts with a solid understanding of the current threats:
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