As cyber threats intensify, small businesses must make sure that careless mistakes aren’t leaving them vulnerable. Tayo Dada, the founder of cyber security firm Uncloak, looks at how SMEs can protect themselves.
Cyber-crime is on the up. A survey by analyst Ovum found that 60% of companies saw an increase in cyber-attacks in the past year. Meanwhile, Uncloaks’ own research suggests that the number of cyber-attacks in 2017 was up an incredible 400% year on year.
The costs of cyber-crime are high, both financially and in terms of the devastating reputational damage done to businesses that fall victim – yet 96% of businesses in Europe feel they cannot justify the cost of a cyber security expert. The reality is that the threat affects businesses of all sizes, yet cyber security is a poorly understood area for many businesses, and most simply wait to shut the stable door after the horse has bolted.
Of course, cyber security is a complex and ever-changing landscape, but there are simple things we could all do to reduce risks. Take a look at these common mistakes, and you might spot some straightforward things you can do to reduce your chance of being hit by a hacker – because prevention is always better than a cure:
Don’t think that it won’t happen to you
Despite the growing threat, many SMEs still believe they won’t be affected, or that they’re too small to be a target. But whatever your size or industry, your business has data that is valuable. And an attack can be fatal to a small, unprepared business.
Protect yourself today >>