Do SMEs Escape Cyberattacks

Answer 1

Unfortunately, no. 43% of cyberattacks target small businesses. There are several reasons why SMEs/small entrepreneurs do not escape cyberattacks:

Your Data Is Valuable To You – Even if your business footprint is small and your data of limited value to anyone else, your data is valuable to your organisation as it wouldn’t be able to function without access to that data. This immediately makes you a target for ransomware attacks where cyberattackers encrypt your data and demand a ransom to restore access. How long would your business last if its IT infrastructure was paralysed? You May Be Collateral Damage – Malware can spread beyond the intended target, and can spread very quickly thanks to the internet. The WannaCry attack spread across 116 countries in 4 days. You may not be the target of a cyberattack, or even operate in the same continent as the intended victim, but you are still vulnerable You May Be A Stepping Stone – Your organisation may be used to launch an attack on another larger organisation You May Be Crptojacked – The attacker may not care about your data and only want to use the computing power of your devices to illegally mine crpto-currency at your expense Cyberattacks are a growing and deadly menace against SMEs. But why does that make personal antivirus a poor choice? Is enterprise cybersecurity more effective against malware than personal antivirus?