The Top IT Security Threats Facing Small Businesses Today

The current digital era has made small businesses more susceptible to cyber-attacks than ever before. With data breaches becoming increasingly common and expensive, small businesses are at a higher risk, primarily due to their limited resources for safeguarding themselves against such attacks.

Small business owners must be aware of the top IT security threats they face and take steps to protect themselves from these threats. Our IT pros discuss what you should know.  

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How Small Businesses Are at Risk

Small businesses are particularly vulnerable to cyber-attacks because they often lack the resources to protect themselves. They may not have a dedicated IT staff and may not have the latest security software or hardware in place.  

Additionally, they may not have the same level of awareness and education about cybersecurity as larger organizations. As a result, they may not be as prepared to detect and respond to cyber-attacks.  

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Phishing Attacks

Did you know that phishing attacks are the most damaging, and most widespread threat facing small businesses today? It's true!  

According to recent studies, 90% of all breaches

that organizations face are due to phishing attacks.

Scary stuff, right?

In a phishing attack, a cybercriminal will send an email or message that appears to be from a trusted source, such as a bank or even someone you know personally. The email will typically contain a link or attachment that, when clicked, will install malware on the recipient's computer or direct the recipient to a fake login page where the cybercriminal can steal their login credentials.

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More > How to Protect Your Business from Phishing Scams

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Malware Attacks

Malware is a type of malicious software designed to damage or disrupt computer systems. Cybercriminals can use malware to steal sensitive information, monitor user activity, or take complete control of your computer system. The scariest thing is that malware can be spread through email attachments, infected websites, or even social engineering tactics.  

So, it's essential to have robust antivirus software and to make sure you educate your employees on the dangers of clicking on links or downloading attachments from unknown sources. It's always better to be safe than sorry!

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Ransomware

Essentially, in a ransomware attack, a cybercriminal will infect your computer system with malware that encrypts all the files on your computer. Once all your files are locked, the cybercriminal will demand a ransom payment in exchange for the decryption key to unlock your files. Ransomware attacks can be especially devastating for small businesses because they can lead to a loss of critical data and even threaten the survival of your business.  

Proactive measures you can take to prevent being affected by ransomware attacks:  

• Regularly back up your data
• Keep software up to date

• Educate your employees on cybersecurity
• Partner with a managed service provider (MSP) like us!
  
  

More > Top 7 Cybersecurity Tactics

Insider Threats

Insider threats are a particularly difficult security challenge for small businesses. In an insider threat, an employee or contractor with access to sensitive data or systems deliberately or accidentally causes harm to the business. This can include theft of data, sabotage of systems, or even selling access to cyber criminals.  

Business owners need to implement access controls and monitor employee activity to detect and prevent insider threats. Also, prioritize educating employees on how to recognize and report suspicious activity and ensuring that everyone understands the importance of following proper security protocols.

Weak Passwords

Weak passwords are a common security threat facing small businesses. Employees may use easily guessable passwords, such as "password" or "123456," or they may use the same password across multiple accounts. This can make it easy for cybercriminals to gain access to sensitive data or systems.  

Ensure that everyone on the network uses strong passwords and implement a policy that everyone updates their passwords routinely. You can do this by having passwords set to expire after a specific window of time.  

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‍Protect Your Business Today

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All in all, small businesses face a multitude of IT security threats that can have devastating consequences. However, by being aware of these threats and taking steps to protect your businesses, you can greatly reduce the risk of a data breach.  

Don't let these rising threats take down your business. Our pros at IT Resources can help protect you from the latest cyber threats.  

Reach out to us now to schedule a consultation and let us provide you with the security solutions you need.

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