Scary stat: 87% of businesses hit by this in the last year

One might assume that cyber attacks are a problem solely for large corporations. Sadly, this isn’t true.

A recent study reveals that nearly two-thirds of small to medium-sized businesses (SMBs) have experienced at least one cyber attack in the last year. This shocking statistic should serve as a crucial wake-up call to businesses of all sizes.

But there’s more.

An increasing number of businesses are reporting repeat attacks, with 87% noting at least two successful breaches within the past year. On average, a company experiences nearly five successful cyber incidents. Quite frankly, it’s terrifying.

So why are these attacks occurring, and what steps can be taken to prevent them?

The most frequent types of cyber attack that businesses encounter are malware and ransomware.

Malware is malicious software that invades your system, causing a variety of issues ranging from disrupting operations to data theft.

Ransomware, on the other hand, is even more menacing as it encrypts your data, making it inaccessible unless a ransom is paid. This can be catastrophic for any business, leading to substantial losses and significant downtime.

What’s behind the rise in successful attacks?

One factor is the increasing trend of BYOD (Bring Your Own Device), where employees use their personal devices for work purposes, posing security risks.

The rapid proliferation of productivity apps also contributes, as they can create security vulnerabilities if not adequately protected.

Finally, the sheer number of devices in use today provides more entry points for cybercriminals to exploit.

Fortunately, there are measures you can take to safeguard your business. Here are five robust security steps to consider:

Use robust passwords
Passwords are your first line of defence. Ensure they’re robust and unique. Even better, use a password manager that can generate and remember random passwords for you.

Keep your software updated
Updates often include security fixes. Always run the latest versions of both your operating system and applications.

Train your team
Make sure your employees can spot phishing emails and other scams. Regular security awareness training sessions can help keep everyone informed.

Backup your data
This allows you to restore your systems quickly and with minimal disruption in the event of a cyber attack.
Use antivirus software: It can help safeguard your systems from malware and other threats. Ensure you’re running a reliable and current solution.

Remember, prevention is indeed better than cure. Take action today to stay protected.

And if all this seems like a tall order, we’re here to assist. Don’t hesitate to get in touch.