Small business cybersecurity is a big issue. With the number of small businesses globally, it’s no surprise that small business cyberattacks are on the rise.
According to one report, small businesses lose an average of $3.86 million every year due to data breaches and other cyber attacks. That number is only set to increase as time goes on. These statistics are alarming, and small business owners need to protect themselves from these risks.
This blog post will discuss the importance of small business cybersecurity. Here’s what you should know:
Customers Are at Risk of Cyberattacks
Most small businesses have some sort of online presence. That means they’re vulnerable to potential data breaches and other kinds of cyberattacks.
If you do business over the internet, your customers could be in danger if their information is compromised. This puts small companies at as much risk as larger corporations.
This also means that small business owners should stop hackers who steal customer data. To protect yourself against this possibility, you need end-to-end encryption.
Small Businesses Are Prime Targets for Cybercriminals
Business data is valuable to cybercriminals. And that’s because small businesses have fewer resources and are less likely to notice when they’ve been hacked.
That makes small companies appealing targets for hackers. And even though small business owners don’t think of themselves as rich or important, their data can still be sold on the black market.
Protecting your small company against cybersecurity threats should be an ongoing process. It’s not something you do once at startup before forgetting about it forever.
Cybersecurity Is the Responsibility of Everyone in a Company
Even small businesses require a dedicated cybersecurity person, who has completed a certified information systems security professional course. They should consider hiring someone who understands small business risks, and also someone who knows what action to take when there are threats.
That way, small business owners don’t have to worry about data breaches or other cyberattacks. And if something does happen, they’ll know exactly where to start looking, so it doesn’t take long before you’re back up and running as usual.
For professional help, you should work with security as a service company to help you deal with the most common cybercrime cases.
Cybersecurity Is an Investment
It’s easy for small business owners to think they can’t afford to invest in cybersecurity. But this is a misconception when considering how much money is lost due to data breaches.
Preventing cyberattacks could save your company millions of dollars in the long run. So, it’s worth taking preventative measures as soon as possible.
Preventing Hackers: Improve Small Business Cybersecurity
If small companies considered all these factors, then we would see far fewer small business cyber incidents every year.
There are steps you can take now, such as using encrypted messaging apps or ensuring end-to-end encryption on your website. By being keen on small business cybersecurity from the get-go, you are prepared if there ever comes a time when you need to take action.
We hope you liked our cybersecurity tips. For more interesting information, keep reading our posts.