Smaller Businesses are now Bigger Targets

Smaller Businesses are now Bigger Targets

It was Data Privacy Day last month, falling on 28th January 2017. The aim is to make everyone privacy aware and encourage them to improve their business’ IT/data security. Recently, a news item on This is Money reported that smaller businesses have become bigger targets for cybercriminals now. This is because smaller companies have fewer defence resources than larger enterprises. This means that every company, large or small, absolutely has to be aware of the dangers of cyber-attacks and make sure they take steps to keep their data private.

British firms were each subjected to an average of almost 230,000 cyber-attacks in 2016, according to analysis from business internet service provider Beaming. The average volume of attacks hitting individual company firewalls passed the 1,000 per day mark for the first time in November.

The item also reported that small businesses are the victims of more than seven million cyber-crimes per year, costing the sector £5.26 billion and a survey by accountancy giant KPMG last year found more than 60 percent had experienced a cyber breach in 2016 and some businesses have warned that a company’s staff can be the weakest security link. To find out why and to read the whole story on This is Money’s website, please click here >

Also read: Do you need Cyber-insurance?

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