Top 10 Cyber Security Threats Facing Small Businesses

Top 10 Cyber Security Threats Facing Small Businesses
Top 10 Cyber Security Threats Facing Small Businesses

Have you ever thought about cyber security?

Small businesses are at a disadvantage when it comes to cyber-attacks because they don’t have the resources of larger companies.

Cyber security is an important topic for small businesses, but it can be hard to know where to start. There’s so much information out there that it can be overwhelming and you might not even know what questions you should be asking your IT team!

But don’t worry. Keep reading because this blog post will help you understand the top 10 cyber security threats facing small business owners today, including phishing scams and ransomware attacks. You’ll learn how these types of attacks work and how you can protect yourself against them.

What Is A Cyber Attack?

A cyber attack is an attempt to harm or disable a computer network, program, or system by using a remote connection. This can include activities such as stealing or manipulating data, corrupting or destroying data, or disrupting the availability of services.

Cyber attacks can be carried out by individuals, groups, or organizations and can target anyone, regardless of their size or industry. However, SMBs are particularly vulnerable to cyber attacks due to their lack of resources and lack of knowledge about how to stay secure online. That’s why working with professional IT security companies like, Techspert Services IT services is so important.

Cyber threat statistics show that the number of cyberattacks targeting SMBs is on the rise and that these companies can be affected by a wide variety of different types of cyber-attacks including:

1. Ransomware

Ransomware is a type of malware that locks users out of their devices or files and demands a ransom payment to unlock them. This threat has been on the rise in recent years and can be very costly for small businesses that may not have backup files or systems in place.

2. Phishing Attacks

Phishing attacks are fraudulent emails or messages that attempt to trick users into revealing sensitive information like passwords or credit card numbers. These attacks can be very damaging for small businesses as they often contain malware or viruses that can infect computers and networks.

3. Data Breaches

Data breaches occur when unauthorized individuals gain access to confidential data such as information, trade secrets, or credit card information. In 2017, roughly 1 billion records were exposed in the US alone. Cybersecurity is critical to small businesses as they often collect a considerable amount of sensitive data from their customers.

4. Denial-Of-Service Attacks

Denial-of-service attacks involve sending a flood of traffic to a website or server so that it can’t be accessed by legitimate users and has to shut down. Over time various methods have been developed to take websites down including Distributed Denial of Service (DDoS) which bots thousands of machines to bring servers down.

These attacks are easy enough for people with limited knowledge and skillsets to conduct yet often require substantial financial resources as well as expertise in cryptography, security protocols, and network engineering.

5. Malware

Malware is a term used to describe a range of malicious software that can be installed on devices without the user’s consent. This software can include viruses, Trojans, spyware, and ransomware. It can be very damaging for small businesses as it can steal or corrupt data, track user activity, and even disable devices or entire networks.

6. Insufficient Cybersecurity Resources

Many small businesses lack the necessary resources to properly secure their systems from cyber threats. This can include insufficient funding for cybersecurity measures, lack of qualified staff, and outdated technology. Without proper security in place, small businesses are at a high risk of being hacked or infected with malware.

7. Unsecured Networks

Small businesses often fail to take the necessary steps to secure their networks and devices. This can include leaving default passwords in place, using out-of-date software with known security flaws, and failing to regularly scan for malware. When unsecured devices come into contact with each other or a public network they can become vulnerable to attacks, data theft, and ransomware.

8. Insufficient Security Policies

Security policies ensure that individuals in your company understand how to deal with potential cyber threats like hacking attempts and ransomware infections. Some small businesses aren’t aware of existing policies or fail to enact them which puts the entire business at risk when employees download malicious files onto their work computers or wipe important data from a device.

9. Ignorance Of Cybersecurity Threats

Many small business owners are unaware of the severity and frequency of cyberattacks against SMBs. They may also underestimate the damage that can be done to their business when their systems are compromised. It is critical for small businesses to stay informed about the latest threats and take steps to mitigate them.

10. Lack Of Cybersecurity Awareness

Small businesses often do not have staff who are properly trained in cybersecurity solutions. This can lead to individuals clicking on malicious links, downloading infected files, and sharing sensitive information without realizing the potential consequences.

Staff should be educated about the various types of cyber threats, how to identify them, and what to do if their computer or network is attacked.

Want To Learn More About the Top 10 Cyber Security Threats?

With so many threats surrounding small businesses and cyber security, it can be difficult to know where you should start. That’s why we created this blog post on the top 10 cyber security threats facing small businesses! We also provided some resources for how to defend against these threats in order to keep your data safe.

If you want more tips on finding a small business cyber security plan that fits your needs, check out our blog!

10 Cyber Security Trends You Can’t Ignore In 2021 | PurpleSec
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