Monday, June 22, 2020

Cybercriminals Are Targeting Your Business And Your Employees Are In Cahoots With Them

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Once you receive a ransomware email, this could spell disaster for your business. Do you believe this won’t happen to you? You should think again!

Cybersecurity measures projected cybercrime to cost the world around $6 trillion by 2021. Additionally, cybercriminals have a special target in mind – small businesses.

About 58% of the victims of cyberattacks were small businesses according to the 2018 Verizon DataBreach Investigations Report. This might appear counterintuitive for two main reasons. First of all, the huge payoff will appear to be had by targeting large organizations. Secondly, the news has been filled with headlines regarding cyberattacks on huge companies, not the smaller ones. One good example is the hack at Target wherein credit card details of millions of people have been stolen. But, here’s something that most people don’t know about it. The hackers managed to get access to the network of Target by infiltrating a small HVAC firm. Then they stole the company’s credentials to the network of Target.

A cyberattack can easily put out of businesses due to what you need to pay to clean up after the breach. As a matter of fact, Malwarebytes, which is the provider of malware remediation and prevention solutions, said that ransomware attacks has caused almost a quarter of small and medium sized companies hit by them back in 2017 to totally halt their operations. Recent figures show that about 60% of SMBs were forced to stop their operations after a cyberattack and they never reopened their business. The lost in revenue due to the downtime, the money spent trying to remediate the breach and the damage to their reputation could really add up.

Despite all these, many small business owners are not prepared to detect, prevent, or respond to any cyberattack. So how are your workers in cahoots with these hackers? 

Because the most common way cybercriminals get access to the network of small businesses is when somebody on that network clicks on an attachment or a link in an infected email. When they get inside your network, the hackers will do things like encrypt or steal your data.

Small businesses make the mistake of assuming that they won’t be targeted by hackers. They don’t give any cybersecurity training to their employees.

Cybersecurity Tips For Small Business Owners


1.    Change the culture and the mindset of the organization. Always assume that you can be a target.

2.    Provide training to your employees to boost their level of awareness and vigilance against potential threats and risks that exist.

3.    In case you don’t have the tech resources, hire a managed IT service provider that could help you with the risk assessment, identification of cyberthreats to your company, developing an incident response plan, and the implementation of countermeasures to eliminate high probability threats.

Make cybersecurity planning a crucial part of your business planning. If you fail to do this, your business may face an existential threat one day, something that you could have prevented.

Call SpartanTec, Inc. now and let our IT team help you set up the most effective cybersecurity measures that will protect your small business from hackers.


SpartanTec, Inc.
Fayetteville, NC 28304
(910) 745-7776
http://manageditservicesfayetteville.com

Cities Served:
Fayetteville, Spring Lake, Hope Mills, Dunn, Aberdeen, Southern Pines, Pinehurst, Sanford, Clinto

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