When we think of cyber attacks, our minds often jump to major corporations, millions of dollars, and large scale media scandals. However, experts are saying that small businesses are increasingly at risk for data breaches and other cyber threats.
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In 2012, a report from Symantic Security Response found that attacks on small businesses had risen 300 percent over the previous year. That number has been on the rise ever since.
The reason cyber attackers target small businesses is simple: it’s easier. They’re often less secure, with a smaller security budget, and the mindset that they’re too insignificant to attract attention. Given that most attacks are fully automated, these attackers can make it through a small business’s defenses much faster than they can a larger corporation, allowing them to target more companies in a shorter period of time.
Unfortunately, the negative impact on small businesses may also be disproportionately higher. They often face a loss of public trust as well as a significant financial loss, which can be crippling to many businesses of this size.
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