Small Business Cyber Security Audit
Did you know that the average small business paid $117,000 last year to recover from a cyber attack on their business?
As computer science professionals, we see first-hand the technical threats that hide in plain sight that you likely never see. When someone mentions online security, things like phishing email and computer viruses are the more common risks that come to mind; but there are bigger threats on the rise and they are targeting small businesses.
- According to a study conducted in 2016 by Keeper Security and Ponemon Institute, LLC, a web-based attack was the most common type of cyber attack against small businesses. That includes attacks on your website or through your web host, or through a web-based program.
- Data tracked by Kaspersky Lab, a computer security company, reported that in 2017 the average cost for a data breach against a small-medium sized business in North America was $117,000. Those who had a recovery plan in place survived; but too many are unprotected making it difficult to recover from serious attacks, impacting their livelihood.
- According to a 2016 Internet Security Threat Report released by the security company, Symantec, 43% of all cyber attacks targeted smaller businesses. Roughly, they suggest that about 1 of every 40 small businesses are at risk of being the next victim of cybercrime. What’s scary is that number is quickly on the rise.
Cyber Criminals are Aggressively Targeting Smaller Businesses
Because larger companies are more keenly aware of their value and the threats against them, they have allocated the appropriate resources to increase their defenses making it more challenging for cybercriminals to crack through, so the hackers are now attacking from a different strategy. Not only are these geeky crooks banning together in cybercrime rings giving themselves a massive technical advantage, they are unleashing their auto-bot programs on the small business community. Why? Well, there are several reasons, the more common ones include…
- Business owners often select free or inexpensive tools and resources that lack adequate protection which becomes vulnerable to attack.
- Most business owners are more likely to pay a ransom for a hijacked website making it a lucrative career for cybercriminals.
- They collect personal data – like credit cards and emails from an online contact form – that can be used in a larger cyber attack.
- They can be sub-contractors of larger companies or government agencies, thus providing an access point to a larger prize.
- They use services of smaller companies or freelancers whose lack of experience in managing a business can create opportunities for oversight.
- They lack adequate security protection for their computer and mobile devices.
- They don’t adequately monitor data collected and managed by third-party providers.
- It is much easier to get away with the crime because smaller businesses often don’t know how to report nor have the financial resources to pursue.
Do you have a recovery plan?
Imagine for just a moment if your website was hijacked or
your data records compromised?
Sadly in today’s market, it is no longer
a matter of IF it will happen, but WHEN.
Just like having fire drills, or planning for other emergencies,
you need a plan to recover from a cyber attack.
Best Defense Starts with a Simple Conversation.
Since each business has their own unique systems for managing customer information and operational tasks; the best strategy is not the same for every business. The best defense starts with a simple conversation with a technical consultant who knows the right big-picture questions to ask. That’s where we can help.
There is no cost for us to connect and have a brief conversation about your online security and identify a strategy to prioritize your risks and reduce your liabilities. If noteworthy, we’ll then prioritize those risks and identify a detailed strategy of actions to be taken that will help you reduce risks and limit overall liabilities in an efficient manner.
Take the Next Step to Protect Your Business and Customers.
We value your time and know you’re busy, but it is an important conversation to have – especially because it can protect your ability to remain in business for years to come. Our Cyber Consultant can meet with you over the phone or in-person (if you’re in the St. Louis metro area) – the choice is yours. I do recommend allowing an hour for your conversation because this topic typically generates many questions.