You may think your business is too small to attract hackers, but the statistics tell a different story. Last October, the Better Business Bureau published a study indicating that one in five small businesses have experienced a cyber attack.
Why are hackers targeting small businesses? Simply put, small businesses are easier to hack. Their networks tend to be more exposed and their employees are less likely to be trained in cybersecurity practices. Many small business owners don’t realize they are a target because attacks on small businesses don’t make the news. This lack of media coverage and awareness allows hackers to stay under the radar longer, infecting network after network.
With larger companies taking cybersecurity more seriously, small businesses are an attractive target due to their vulnerability. In some instances, a hacker infects a small business’s network only to discover it has direct communication with a major Fortune 500 company. The hackers then use that connection to gain back-door access to the bigger business. For example, hackers were able to gain access to Target’s network through a small HVAC contractor in Pittsburgh, Pennsylvania. Working with a Managed Service Provider like STEADfast IT can help you make sure your network isn’t the weak link.
Today’s small businesses are holding more customer information in their databases than ever before, your customers need to know their information is in good hands. When their sensitive data is exposed, trust is broken. However, when you partner with a Managed Service Provider to secure and monitor your network, you can feel confident that you are doing all you can to protect your customers and your business.
As a small business, you have a target on your back. Don’t wait to take action as cyber attacks can have dire consequences. In 2016, the Denver Post reported that 60% of small businesses go out of business within six months of a cyber-attack. How can a hack lead to a business closure? It could be a ransomware attack that demands a payment so high, the business can no longer afford to operate. It could also be the loss of customer trust after they discover that sensitive information they shared with you was exposed.
Reputation is everything. In this environment, small business owners can’t afford to take chances with their network security.
Taking a proactive approach to cybersecurity can make all the difference. Contact STEADfast IT today and find out how we can protect your business from cyber threats.