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Alarming Statistic: 87% of Small to Medium Sized Businesses Affected by This in the Past Year

When you think of cyber attacks, you might believe they only happen to big corporations. Unfortunately, that's not the case. Recent data reveals that nearly two-thirds of small and medium-sized businesses (SMBs) have experienced at least one cyber attack in the past year. This alarming statistic should serve as a wake-up call for all businesses.

But here's the even more concerning part: many businesses are experiencing repeat attacks. In fact, a staggering 87% of SMBs reported at least two successful attacks within the past year. On average, a company falls victim to almost five cyber incidents. This is nothing short of terrifying.

So, why are these attacks happening, and how can you prevent them?

The most common types of cyber attacks that businesses face are malware and ransomware.

Malware, which stands for malicious software, infiltrates your systems, and can wreak havoc by slowing down operations or stealing valuable data.

On the other hand, ransomware poses an even greater threat. It encrypts your data, making it inaccessible unless you pay a hefty ransom. The consequences can be devastating, resulting in substantial losses and prolonged downtime.

Several factors contribute to the increase in successful attacks. One is the rise of BYOD (Bring Your Own Device), where employees use personal devices to access company information. This practice comes with inherent risks.

Another factor is the proliferation of productivity apps, which can create vulnerabilities if not adequately secured.

Moreover, the sheer number of devices we rely on today means there are more entry points for cybercriminals to exploit.

Fortunately, you can take proactive steps to protect your business. Here are five essential security measures you can implement:

  1. Use strong passwords: Ensure your passwords are robust and unique. Alternatively, consider employing a password manager to generate and remember complex passwords.
  2. Keep software up to date: Regularly update both your operating system and all applications you use. Software updates often include crucial security fixes.
  3. Train your staff: Educate your employees on how to recognize phishing emails and other scams. Conduct regular security awareness training sessions to keep everyone informed.
  4. Backup your data: By regularly backing up your data, you can quickly restore your systems in the event of a cyber attack, minimizing disruptions.
  5. Use antivirus software: Employ a reputable and up-to-date antivirus solution to safeguard your systems against malware and other threats.

Remember, prevention is always better than dealing with the aftermath of an attack. Take action today to fortify your defenses.

If you find implementing these measures overwhelming, don't worry. We're here to assist you. Contact us today, and let us help you protect your business.

Until next time, keep fit and have fun!

(TYYV) The Yada Yada Version:

Small businesses are increasingly vulnerable to cyber attacks, with a staggering 87% experiencing multiple successful incidents in the past year and yada yada yada use simple steps to help protect your business.

Mitch Redekopp
Article Written by Mitch Redekopp

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