Cyber-Criminals & The Risk to SMB’s

Cyber-Criminals & The Risk to SMB’s

So, why do cyber-criminals often target small to medium businesses?

And what should SMB’s be doing to protect themselves?

It doesn’t take cyber-criminals long to find a site or network with poor security. Hackers create code that easily scan for network flaws to intrude those with security gaps.

Sensitive data is highly desirable, even when a single hack only resulted in a few hundred sets of credit card details, that data carries value on the black market and to the business owner who will pay a lot of money to get it back.

Even if the cyber-criminal doesn’t sell or share that data, they can use it to setup online accounts and create false or duplicate identities; all of this to commit fraud and the disruption of business.

So why are SMB’s still so vulnerable, even with today’s network security solutions?

SMB negligence.

One thing that is not so clear is why small to mid-size businesses still have open doors in their network?

Negligence is often the case, in fact, the most popular passwords in 2017 were “123456” and “password”. For an SMB, this should be a cause for concern and yet so often business owners don’t have the time to get educated to perform research that will instill proper measures and principals for mobile devices, passwords, the cloud, emails, websites, and public WiFi, therefore leaving them open and vulnerable to cyber-security attacks.

So, what’s the solution?

What CAN be done.

With the correct security solutions enabled; such as firewalls, access lists, and two factor authentications, many entry points become closed and more difficult to gain access to. These very basic types of protection will make an intruder think twice about attempting to gain information.

How to you ensure simple security measures are enabled?

  • Educate your staff on password complexity
  • Strengthen and encrypt your WiFi passwords
  • Do not broadcast your SSID
  • Regularly update your Antivirus and security software
  • Keep Windows up to date
  • Start implementing off-site backup and recovery

Ask your IT professional if these simple security measures are enabled.

Conclusion.

There is no simple answer when it comes to weighing decisions around business spending, but from what you have learned here, you should be feeling a bit more informed.

With little time needed and by carrying out a few straightforward measures, you can easily cover all levels of security and protect your investment against the most common threats without the extravagant cost to your business.

Of course, an attack my never happen to you, but cyber-crime is on the rise, and if you are attacked, would you easily recover? How many customers might you lose after an attack before you can no longer operate? Do you have a business continuity or disaster recovery plan? If the answer to these questions keep you up at night it might be time to talk about your network environment with a solution provider.

At Integrated Network Concepts, we have the answers.