Why smaller businesses are as much a target as large corporations

With M&S and Coop recently hacked, we dive into why smaller businesses also need to take their Cyber Security seriously

• Limited Cybersecurity Resources:
  • Small businesses often lack the budget and dedicated staff for robust cybersecurity measures, making them easier targets.
  • They may rely on basic antivirus software, which is often insufficient against sophisticated attacks.
  • Lack of employee training on cybersecurity best practices leaves them vulnerable to phishing and other social engineering attacks

• Data Encryption and Privacy:
  We implement robust encryption protocols to ensure the confidentiality and integrity of your sensitive data, meeting the highest standards for privacy compliance.

• Gateway to Larger Organisations:
  • Small businesses are often part of larger supply chains or have digital connections to larger companies.
  • Hackers can target smaller businesses to gain access to the networks and systems of their larger partners.
  • Compromised credentials, malware-laced emails, or impersonation tactics can be used to infiltrate larger organizations through their smaller vendors.

• Valuable Data:
  • Even small businesses handle sensitive data, including customer information, financial records, and intellectual property.
  • This data can be used for identity theft, fraud, or sold on the dark web.
  • Ransomware attacks are also a significant threat, as small businesses may be more likely to pay ransom demands to avoid downtime and data loss.

• Social Engineering and Lack of Awareness:
  • Small businesses may not have the resources to implement comprehensive security protocols or conduct regular employee training.
  • This can lead to a higher susceptibility to social engineering attacks, like phishing, where employees are tricked into revealing sensitive information or clicking malicious links.

• Underestimation of Risk:
  • Many small business owners believe they are too small to be targeted, which can lead to complacency and a lack of investment in cybersecurity.
  • This underestimation of risk makes them more vulnerable to attacks.

• Easier to Breach:
  • Compared to larger corporations, small businesses often have less advanced security measures, making them easier to breach.
  • Cybercriminals may find it more efficient and profitable to target multiple smaller businesses than to attempt a more challenging attack on a larger organisation.

Protec can help mitigate the risks for you

• Proven Expertise:
  With over 22 year experience in the industry helping businesses, we have a proven track record of delivering effective Cyber Security solutions for businesses of all sizes.

• Tailored Solutions:
  We understand that every business is unique. Our team works closely with you to develop customized Cyber Security strategies that align with your specific needs and challenges.

• Compliance Assurance:
  Stay compliant with industry regulations and standards. Our Cyber Security services are designed to help you navigate and meet the ever-evolving compliance requirements. We frequently guide business through their Cyber Essentials certification and Cyber Insurance application processes.

• Innovation at the Core:
  We stay ahead of the curve by continuously investing, researching and developing our service offering to ensure our solutions incorporate the latest technologies to keep you one step ahead of cyber threats.