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While it doesn’t make the news, the threat is real for small businesses. These days, cybercriminals are targeting not just big businesses, but small businesses as well.
According to Keeper Security’s 2019 SMB Cyberthreat Study, two-thirds of small and medium-sized businesses suffered a cyberattack in the previous year. At the same time, 66 percent of SMB leaders don’t believe a cyberattack will happen. For the most part, small businesses believe they’re too small and have nothing worth stealing compared to larger entities. Nonetheless, small businesses are considered easy targets as many of them don’t have the resources or know-how to protect themselves from an attack. Additionally, the cost is much higher compared to large corporations that can absorb the financial repercussions. Besides bearing the cost of downtime and losing intellectual property, sensitive information such as customer data can be compromised in a ransomware attack.
To help keep your business safe, consider these five resources that can help you better manage and prevent a cyberattack from costing you your business.
This national public awareness campaign was created to increase understanding about cyberattacks and encouraging the public to take steps to better protect themselves online. The campaign recommends the following steps to create a more secure environment in your organization.
Cybersecurity & Infrastructure Security Agency (CISA) Cyber Essentials
CISA offers its Cyber Essentials guide to small businesses and local government agencies so that they can develop their own plan to implement cybersecurity practices. Here is a snapshot of what’s included:
U.S. Small Business Administration (SBA)
In the recent survey it conducted, the SBA reported that nearly 90 percent of small business owners believed that their business would be susceptible to a cyber attack. To help businesses who may not be able to afford expensive IT solutions or are unsure as to where to start, the SBA provides a segment aimed at helping small businesses protect themselves against cyber threats. Information includes:
Federal Trade Commission (FTC) Cybersecurity for Small Business
The key to countering cyberattacks is education and the FTC offers several tools to help small businesses safeguard their interests. Learn how with these resources:
Federal Communications Commission (FCC) – Cybersecurity for Small Business
The FCC recommends small businesses to have a cybersecurity action plan when it comes to matters of the Internet, whether you’re implementing cloud computing, using email or maintaining a website. To help, the FCC offers the following resources:
The best offense against cyberattacks is defense – taking advantage of the resources available and then creating a strategy that suits your small business. Check out the free resources above so that you can better protect not only your business but your customers as well.