Cybersecurity attacks are one of the biggest concerns for businesses of all sizes these days. There is no surprise that small-sized businesses also face these security threats. Attacks including data breaches, spyware, phishing attacks, DDoS (Distributed denial-of-service) are some of the major types of cybersecurity attacks.
Increasing valuable data for organizations is becoming a big security concern. A 2018 study by Cisco found that almost 53% of small and mediums sized businesses had experienced a breach. You came to know about cyber attacks when it happens to big-name businesses. We often start to think that if big corporations like Target are vulnerable, then cyber attackers will not bother attacking their “smaller” businesses since the benefit will not be as big as a large corporation. What we don’t realize is that oftentimes a bigger corporation has different small-sized departments as well. The question arises that what sized business is more vulnerable to cyber attacks, large corporations or small businesses?
MANY BUSINESSES BEING ATTACKED IN TORONTO. WHY?
According to one survey in 2014, almost 60% of the cyber attacks were done on businesses of small size. This data shows that small-sized businesses are more likely to be targeted by cyber attackers. Yes, it is true. Although big corporations are more vulnerable to cyberattacks, at the same time, they have so many resources to use such as high-quality security tools and top-notch IT professionals to protect them from these kinds of cyberattacks. They work on protecting the data and making their network even stronger to prevent any kinds of cyberattacks. On the other hand, small-sized businesses do not have the same quality resources, or they have fewer resources. They usually have a very small budget for IT; so they do not pay attention to the security of their network.
Almost half of the organizations that experience remarkable loss of valuable data from a cyberattack leave business within 6 months of their data breach. Only one successful cyber attack is enough to close down your business. Don’t allow your business to become the next victim with weak security systems in place. It is naive not to think about the security of your network, as there are so many threats out there. In 2019, almost 63% of the organization’s data was compromised and this breaches cost the enterprises almost $3.92 million in 2019. Is this intimidating you? It should. These data breaches and cyberattacks can not be stopped with just antivirus software. Experts like Shift IT Solutions can show you the way to protect your data, keep your network secure, and keep the integrity of your data protection flawless.
Most businesses in Toronto choose to mobilize their manpower. Although mobilization provides you more efficiency in your work and it is more convenient, it makes your business vulnerable to security threats. Companies tend to skimp on employee training and some policies like BYOD (Bring Your Own Device) can lead to these threats. There are many mobile apps that can infect your phone with malware. Chances are high that employees’ mobile phones are compromised with that malware that can impact the overall security of your business. Devices that are being used to access your business data and share files can create a problem for your business as they are exposed to external threats. It is important to monitor your employee’s devices and software to share company valuable information.
These are a few steps that small businesses can take to protect their business from cyber threats. Businesses often do end-user training, using MFA (Multi-Factor Authentication), using antivirus and firewalls, but it is not enough. An expert can do vulnerability scanning, software-defined networking, set up the virtual private network (VPN), maintain cloud security, and keep your software up-to-date. Additionally, they can do penetration testing, phish testing, risk assessment and prevention, and password management to make your network even stronger.
Cloud computing and mobile devices make your business network and data more vulnerable to these security threats. If you ask for help, it is not as daunting as it looks. Shift IT is a field expert that can put in place the infrastructure to secure your business against cyber attacks. Do not wait for a cyber disaster to happen within your company, contact Shift IT Solutions today and secure your valuable data and network.
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