Many business professionals operate under the illusion that cyber attacks mostly impact large, high-profile companies and organizations. In reality, small-to-medium-size businesses (SMBs) are the most vulnerable and furnish a target-rich environment for cybercriminals, disruptors, and other cyber-aggressors.
SMBs are attractive targets because the commercial cyberweaponry deployed by large businesses are out of reach from a cost perspective, but SMBs are too valuable for cyber-criminals to ignore. Many SMBs believe their smaller size is a deterrent against cyber-attacks, making for an especially risky strategy. SMB growth is typically accompanied by technological expansion, enlarging the attack surface that hackers can potentially exploit. Also, the supply chain, primarily occupied by SMBs, provides a friction-free conduit for transgressor access into the systems of larger enterprises and other SMB.
Of course, no business chooses to expose itself to unnecessary risk. For many SMBs, the threat of cyber attacks creeps up on them over time, as their IT environments get more sophisticated and older, producing the flaws that cyber-attackers discover and subsequently exploit.
Some SMBs misunderstand the threats they face. They often underestimate the level of sophistication of threat actors and overestimate their own ability to thwart them. They put too much trust in relatively limited, off-the-shelf software solutions that offer one type of protection, leaving users vulnerable to other dangers. Compounding the challenge of misunderstanding the threat is misunderstanding the intent.
Six common threat vectors for cyber attacks targeting SMBs are:
A recent insurance industry study revealed that 25 percent of SMB owners and managers believe a cyber-attack is a matter of when, not if, and another 25 percent stated they plan to do more to prevent cyber-attacks. If this sounds like the position you find yourself in, then it’s critical that your organization does these things:
Are you interested in how GuardSight can help you combat cyber-threats? Are you interested in how GuardSight can help improve your cybersecurity posture to protect your businesses and data from exposure and intrusion? Contact us for a free consultation.