A colossal data breach like the one of Solarwinds should serve as a reminder that small business owners, too, need to keep an eye on their cyber security measures.
While data breaches at small businesses don’t generate those kinds of headlines, they do cause pain in the affected SMBs including not only financial losses but also operational disruption and loss of time and reputation.
In the past year, 35 percent of small businesses who experienced a data breach either closed their doors or filed for bankruptcy, according to a survey of 1,006 small business owners by the National Cyber Security Alliance.
Additionally, in a 2019 Ponemon Institute study, 66 percent of SMBs said they suffered a cyber attack in the previous year, 69 percent said an attack eluded their intrusion detection system, and 57 percent reported succumbing to Social Engineering attacks like phishing emails.
The fact is, you’re not too small to hack.
Cybercriminals continually tune the efficiency of their mass attacks on small organizations because they handle the same types of sensitive information as large enterprises but don’t have the sophisticated security measures that big companies deploy.
They have also learned to target specific small businesses because of the unique value of their data or because of their relationships with larger companies.
So, the need for SMBs to pay attention to their data’s security has never been greater.
But, just how do you protect your data without breaking your bank account?
In its Q1 2020 Wave Security Awareness and Training Solutions document, titled “Behavior and Culture Reign Supreme over Awareness and Punishment”, Forrester Research determined that the best security awareness training vendors aim to change negative employee behaviors by fostering a culture of cyber security within organizations.
Threatucation’s motto has always been “Creating a Culture of Cyber Security in Small Organizations”. We have long championed this approach over phishing email simulations designed to punish an employee with a bad score for succumbing to a phishing test.
While phishing simulations are part of Threatucation’s Cyber Security Awareness Training program, we really create a culture of Cyber Security with our unique policy-based approach that helps employees understand the reasoning behind the policies, the ramifications of violating them to the company, co-workers, customers and board members, and how to recognize and properly react to cyber attacks.
The whole process takes just 3 steps, starting with a Cyber Security Risk Assessment to ensure the security measures you ultimately choose to protect your business actually match your data security requirements.
For a free, no-obligation Cyber Security Risk Assessment for your business, contact us at info@threatucation.com or 302-537-4198.