Cyber security is a growing concern for small and medium-sized businesses (SMEs) around the world. Although they are often attractive targets for hackers, SMEs may not be as well prepared as large companies to deal with cyber security threats. In this article, we will discuss the main threats SMEs face and provide tips on how they can protect themselves against these threats.
The danger of cybercrime for SMEs
According to a recent report released by ENISA (European Network and Information Security Agency), cybercrime represents a growing danger for small and medium-sized enterprises (SMEs). The data show that, in the event of a cyberattack, 57% of European companies are at risk of collapsing or being forced to shut down their activities.
The ENISA report also points to a significant increase in the number of cyberattacks targeting SMEs. In 2022, around 17% of cyberattacks targeted European companies, compared to just 1% in the previous year.
These alarming statistics highlight the importance of cybersecurity for SMEs.
The main threats
Every day, companies face a set of cyber threats whose main goal is to steal sensitive information. Many of these threats require user action, so it is essential that companies are aware of them and adopt preventative measures to protect their data and systems.
Below, we highlight some of the most common threats:
Ransomware
Ransomware is a type of malware that encrypts a company’s data and demands a ransom to release it. This type of attack can be devastating for SMEs, which often do not have the resources to deal with the financial and operational consequences of a ransomware infection. It is essential that SMEs implement robust security solutions such as up-to-date firewalls and antiviruses, as well as regularly backing up data and educating their employees about the risks of ransomware.
Phishing
One of the main cybersecurity threats to SMEs is phishing and social engineering attacks. In these attacks, cybercriminals attempt to trick users by sending fake emails or text messages that appear legitimate, requesting confidential information such as passwords or credit card details SMEs should educate their employees about the signs of phishing and implement protective measures, such as spam filters and two-factor authentication, to avoid falling prey to these thefts.
Brute-force attack
Brute-force attacks involve repetitive attempts to guess passwords until the correct combination is found. SMEs are often targets of brute-force attacks due to a lack of strong passwords and adequate security policies. It is essential that SMEs implement strong passwords containing combinations of upper- and lower-case letters, numbers and special characters. Additionally, two-factor authentication should be used whenever possible to add an extra layer of security.
One way to protect your company from this type of threat is through software and services that offer protection such as antiviruses, firewalls and backups.
At Sisgarbe, we assess your company’s security levels and install the right software to keep you safe. Don’t wait. Contact us now.
