Numerous large-scale attacks have made international headlines, such as the Solar Winds, Colonial Pipeline, and the meatpacking plant hack. But the fact is that all companies that handle sensitive information are subject to similar risks. 

All companies have data they need to protect and safeguard, including proposals, customer information, employee information, financial information, and designs, amongst others. Small and medium businesses (SMB) rarely have the resources to safeguard that data against cyber threats. This lack of resources does make SMBs an easy target for hackers. During and before the pandemic, hackers have realized that the way into a large business is through an SMB. “My business is too small to be a target for the bad actors”. – This is a fallacy that many companies succumb to. Even amateur cyber criminals know that they are much more likely to find a naïve user who will succumb to the phishing email or an employee with default or obvious password in a small business where cybersecurity and employee awareness training are often pushed aside.

If I had a dime for every time I heard the statements “But hackers don’t do that” or “you are not supposed to use it this way” or “our users do not click on that information,” I would amass a small fortune.  

Why SMBs must invest in cybersecurity?

The pandemic has shown us that a distributed workforce and complex digital infrastructure will be the new normal. Ransomware and double extortion attacks are also becoming a primary concern for security stakeholders working with small businesses. The cyber challenge faced by an SMB is multi-faceted – from sophisticated, novel, and targeted campaigns to very fast-moving smash-and-grab attacks. 

So, what actions can business leaders take to define their company’s cybersecurity posture and protect it from a threatening landscape? The answer is leveraging technology, people, and processes to build a cybersecurity framework that can reduce the risk and severity of an attack.

The cyber security professionals at Anvaya Solutions help small and medium businesses develop a security posture that enables them to survive such an attack when that occurs. Contact Anvaya Solutions for a free primer on how they can help your growing business.