No matter the size of your business, you need to protect yourself against cybercrimes. Cybercrime is a criminal activity that involves computers, networks, or the internet, and it can range from theft and fraud to hacking and identity theft. It’s not just big businesses at risk; small and medium-sized businesses are often targeted.
Cybercrime has been around for as long as computers have been in use. Still, over the years, cybercriminals’ methods have evolved and become both more sophisticated and more expensive. For example, a recent study by IBM found that an organization’s average data breach cost is $4.86 million.
Accenture’s research shows that 43% of cyberattacks are against small businesses. However, only 14% have developed tools and processes to defend against data breaches.
Are you a part of that 14%?
As a business owner, the best way to protect your company from cyberattacks is to be proactive. Taking steps now will save you time and money compared to falling victim to phishing, ransomware, or other cybersecurity attacks.
By staying informed about the latest cybercrime threats and taking steps to protect yourself and your organization, you can help prevent cybercriminals from stealing your sensitive information and causing damage to your systems. Be sure to keep your software and security systems up-to-date, use strong passwords and two-factor authentication, and educate your employees about identifying and reporting potential cybercrime threats.