Is your business too small for hackers to worry about?

Why Are Smaller Businesses Targeted More?

There are many reasons why hackers see small organisations as quick wins. And why they are becoming larger targets of hackers out to score a quick buck.

 

Small Organisations Tend to Spend Less on Cybersecurity

When you’re running a small business, it’s often a juggling act of where to prioritise your companies budget. You may know cybersecurity is important, but it may not be at the top of your list. So, at the end of the month, cash runs out, and it’s moved to the “next month” wish list of expenditures.

Small business owners often don’t spend as much as they should on their IT security solutions. They may purchase a security solution and think that’s enough to cover them. But with the expansion of technology to the cloud, that’s just one small layer. You need several more for adequate security layers – check out our Cyber Security Page Here

Hackers know all this and see small businesses as an easier target. They can do much less work to get a payout than they would trying to hack into an enterprise corporation.

Every Business Has “Hack-Worthy” Resources

Every business, even a 1-person company, has data that’s worth scoring for a hacker. Credit card numbers, tax ID numbers, and email addresses are all valuable. Cybercriminals can sell these on the Dark Web. From there, other criminals use them for identity theft.

Here are some of the data that hackers will go after:

  • Customer records
  • Employee records
  • Bank account information
  • Emails and passwords
  • Payment card details

 

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Article used with permission from The Technology Press.