Cyberattacks Targeting Small to Medium-Sized Businesses

“That will never happen to me.” These are the famous last words that are usually said right before something bad happens. This applies to many things in life, including security within any type and size of business. A data breach or hack can have just as big of an effect on a small to mid-sized business as it would on a huge corporation. Unfortunately, many small and medium-sized businesses believe their company will be spared a cyberattack. They think they are either too small to be on anyone’s radar, or their data isn’t valuable enough to attract an attack.

Interestingly enough, these are actually the reasons small and medium-sized businesses (SMBs) will continue to be targeted. They are looked at as having a vulnerable environment, as well as low budget, understaffed and not as educated when it comes to cybersecurity. About 71 percent of SMBs have experienced a data breach in the last 24 months, according to a study by Webroot and 451 Research. These breaches disrupted operations, as well as caused financial losses and damage to their business reputation.

According to that same report, 36 percent of the SMBs that were surveyed admitted to not having a full-time staff whose main responsibility is cybersecurity. Luckily, CATS Technology Solutions Group has a team of technicians who are certified in Cybersecurity and can make sure your systems stay safe and secure. Our cybersecurity experts will monitor your system, so you never have to worry about it being compromised.
Cyberattacks are happening and cybersecurity is crucial. If small and medium-sized businesses plan to make any improvements or changes in 2020, it should be to have a Cybersecurity plan in place. It is worth it and can save your business from devastation.

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