Many business owners are too confident about the cybersecurity postures of their small businesses. Many executives don’t believe that their business will fall victim to a cyberattack. Because of that, they don’t think cybersecurity is important. They don’t have a plan to protect their business against cyberattacks.
Why do businesses think this way?
There’s a tendency for small businesses to underestimate the risks in digital security by believing that digital attackers are more likely to go after big corporations. But don’t let this bravado fool you. It will not reflect on the truth about small business security.
The threat actors in the most common cybersecurity risks these days go after small businesses. The problem is those small businesses don’t have cyber insurance and other means that could have helped them absorb the expenses of a data breach. Because of that about sixty percent of the companies that fall victim to a cyberattack end up shutting down six months after the data breach.
The Influx of Advanced Technology
The problem is that small businesses tend to downplay the importance of cybersecurity. In some cases, they know what’s wrong, in other cases, they don’t. Take for example mobile use. Mobile devices are often used to access nearly half of the critical apps in a business, which could undermine small business security.
It’s very different when it comes to Internet of Things devices. Small businesses may suffer a security incident because of a smart product that’s been left unsecured.
How to deal with small business cybersecurity?
Small business cybersecurity will not change unless somebody at the top will support it. For many companies, this kind of support is lacking. Several businesses lack or have an insufficient budget as the barrier that prevents them from improving their digital security.
Therefore, it’s sometimes crucial to talk about risks if you want to see better protection. If you have to present ask for more funding for security management, you should use metrics that will illustrate how cybersecurity threats to small businesses undermine the business goals of the employers. It will help show how the business can save money and time.
Keep Your Employees Updated
You also have to make sure that your employees are updated so they also know what you expect them to do. You can come up with a security awareness program with the help of IT experts such as SpartanTec, Inc. Regular training won’t keep your employees familiar with your policies, but also keep them informed regarding the new types of cyberattacks.
Of course, not all small businesses know how to perform these types of cybersecurity training on their own, so it will be beneficial to work with digital security experts.
Small businesses are perfect targets. Just like large corporations, they may contain personal information, IP, as well as other confidential information. You should not be overconfident with it comes to cybersecurity. Even small businesses can fall victim to cyberattacks. That’s why it’s important for companies to take digital security seriously.
Call SpartanTec, Inc. now if you have decided to take the step of improving your company’s cybersecurity so you’re better prepared to handle a data breach.