It is hard to believe, but there is a myth still shared by many small businesses and individuals. The myth is “I’m too small for anyone to attack my business.” This myth is far from reality. A review of the target distribution data provided by hackmageddon.com shows that for 2019, the number one group being attacked is the individual (27%) and the number two group is multiple industries (14.3%), which is the small business group.
31% of all the cyber-attacks are designed for the individual and small business. There is a logical reason for this. Big business is taking cybersecurity seriously. They have made it difficult for the criminals to break into their systems. Criminals typically don’t want to work hard. They have developed easily deployable tools to find those organizations that believe they are too small to be attacked (I call them “the low hanging fruit”). At minimum, even if you don’t think you have anything worth stealing, your data has value to you. Imagine not being able to access the data on your computer system. That is the goal of ransomware, which continues to be one of the greatest threats to most organizations. The reason for the steady increase in ransomware attacks is because it is an extremely successful tool to exploit money from their victims.
Implementing the best security tools won’t guarantee you will not experience some type of a cyber-event, but ignoring the facts and doing nothing, guarantees you are more likely to experience a bad day.
There is a minimum number of things that every business should implement that will minimize the threat of a cyber-attack such as ransomware. The cost of these security tools has continued to drop and is now affordable for most small and medium sized businesses. Quanexus has developed our Q-Stack which is a layered security approach to protect against cyber-threats.
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