February 15, 2017//Ellen NeveuxLast Updated: February 19, 2019
Small and medium-sized enterprises (SMEs) are facing a greater risk for data theft.
Data theft, ransomware, and other forms of cyber attack are now common forms of criminal enterprise. While large data networks, and research and financial institutions remain prime targets for hacking gangs and nation-state actors, more criminal effort is going toward data assets maintained by smaller companies.
In 2015, the Commissioner of the U.S. Securities and Exchange Commission (SEC) called for more focus and support for SMEs facing cyber risk due to inadequate cybersecurity. In 2016, internet security firm Symantec reported 43% of phishing campaigns are aimed at small businesses. Why?
There are some good reasons smaller and middle market businesses are attractive to cybercriminals, including:
No business is too small for risk analysis and a business continuity plan. Get ready today for the cyber attack that may launch tomorrow.