Small Medium-Sized Business
From newsworthy data breaches to reports of ransomware payments, cybersecurity threats for businesses are on the rise. But the myth that data breaches only affect large companies is just that—a myth. Sixty-one percent of data breaches happen to companies with fewer than 1,000 employees.
Hackers, whether they’re external or internal actors, steal money and information and disrupt operations. Data breaches, hacks, and ransomware can have devastating effects on small and medium-sized businesses, often causing loss of reputation, clients, and revenue that ultimately force the company to close.
As computer networks and infrastructures become increasingly complex and more vulnerable to physical and internet-based attacks, cybercrime becomes harder to police—making prevention the best way to stop a cyberattack.
How prevalent are cyberattacks for small and medium-sized businesses?
Cybersecurity is the overall protection of computer networks and data from theft and damage. Cybersecurity can be broken down into three components: technical security, usability, and user training and awareness.
Technical security is all about protecting your network from intruders. Technical security uses tools such as next-generation firewalls and antivirus software to limit unauthorized access to your network, as well as detect and remove malware.
Usability refers to the functionality of your company’s cybersecurity policy. Your cybersecurity policy should align with business needs and allow employees to easily access the information they need.
User training and awareness will familiarize your employees with your company’s cybersecurity policy. Ongoing cybersecurity training and awareness will provide employees with general knowledge of common security concerns and empower them to make smart decisions about company data.
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