Importance of Cyber Security for small businesses

Introduction

Be it a small-sized, medium-sized, or large-sized company, all share a common threat of cyber-attack. While large companies and corporates are the most popular target for hackers, small businesses are not immune and are off late the more desired target. In fact, small businesses are marked as easy targets for they often have no budget for protecting their IT infrastructure. On the other hand, large companies spend a lot to protect themselves from cyber-attacks. Small businesses typically have no sufficient money for security and often end up spending little or no money on software or tools to defend their asset from security threats. Knowing this hacker target small business to achieve its objectives. Moreover, hackers who are testing their hacking abilities would prefer trying on small businesses for they are much safer and low risk to them. Small businesses could potentially be marked as an easy target in a hacking community for hackers to try their abilities.

Reasons why small businesses are targeted

1.Lack of knowledge and understanding of the security landscape

Small businesses can often be vulnerable to cyber attacks for they have very less or no knowledge of security landscape. This makes them an easy target in the hacking community.

2. Lack of resources-

Small businesses have budget constraints which are why they are not able to protect their critical data infrastructure or assets. Small business prefers spending or investing in resources that will fetch them more business but you will never find them securing their business infrastructure adequately. This is a well-known fact in the hacker’s community and which is why hackers use tools to find vulnerable company websites and databases to launch attacks on.

3.False belief

 Unfortunately, most business owners are of the view that their business being of small-scale won’t be a target to an online attack. However, as mentioned earlier hackers too are aware of it and hence are easy prey to them for testing their online attack skills.  Businesses should understand that no matter what size or scale they run their business; they can still be a victim to a cyber-attack if they do not take appropriate measures for the same. 

Final Thought

Now that you know why cybersecurity is important for businesses of all sizes, it is time you take cybersecurity seriously and adopt a necessary measure to defend your critical assets from potential vulnerabilities in your system. One must work towards strengthening their security measures at all times. Securing your customer’s data is, after all, your responsibility. Implementing necessary measures and protocols will prevent cyberattacks and safeguard your business from data theft/breach. Having said that one must always remember that while a lot of measures are being taken to curb the issues of data theft, hackers are getting techno-savvy each day. So, businesses must make every effort to safeguard their IT Infrastructure to save themselves from the risk of breach/theft. If companies abide by even the basic security recommendations, they can prevent data theft considerably.

Author Bio

Narendra Sahoo (PCI QSA, PCI QPA, CISSP, CISA, and CRISC) is the Founder and

Director of VISTA InfoSec, a global Information Security Consulting firm, based in the US,

Singapore & India. Mr. Sahoo holds more than 25 years of experience in the IT Industry,

with expertise in Information Risk Consulting, Assessment, & Compliance services. VISTA

InfoSec specializes in Information Security audit, consulting and certification services which

include GDPR, HIPAA, CCPA, NESA, MAS-TRM, PCI DSS Compliance & Audit, PCI PIN, SOC2,

PDPA, PDPB to name a few. The company has for years (since 2004) worked with organizations

across the globe to address the Regulatory and Information Security challenges in their industry.

 VISTA InfoSec has been instrumental in helping top multinational companies achieve compliance and secure their IT infrastructure.

Share this story, choose your platform!

Share on facebook
Share on twitter
Share on pinterest
Share on tumblr
Share on google
Share on linkedin
Share on reddit
Share on vk
Share on email
About the author:

Leave a Comment

What Is It Like To Gamble In Goa?

Throughout most of India gambling is illegal, apart from a few selective categories which include horse racing and lotteries. If caught gambling illegally, you can expect to receive a hefty fine, or in some cases, jail time. Many of the country’s population feel that gambling should be completely prohibited as it leads to addiction, organized

Read More »

Let’s make it clear: PHP, custom development, and E-Commerce

So, why is custom development vital for my E-Commerce business?  Custom development is a key to success if you are about to make a giant leap in E-Commerce. Every web store owner who wants to grow and improve business, enlarge Internet audience, and sell worldwide, must understand a simple truth. Every decision made in the

Read More »

How to Solve Meeting-Size Problems with a Single Email

You probably can recall at least one meeting where every participant contributes and leaves the room energized and excited to tackle their responsibilities. But let’s be honest, most meetings aren’t as good. You probably often leave a meeting thinking, “that could have been a single email.” Indeed, with the right approach, many situations can be

Read More »

How To Enhance Your Business’s Phone Success

If you haven’t been paying attention to your business phone services, then you need to reconsider your business strategies. Mobiles aren’t only used by young people. After all, we’re living in the age of technology. More than half of all people – of all ages – check their phones at least once an hour. For

Read More »

The Best Ways to Find Similar Images

The Best Ways to Perform a Reverse Image Search If you want to know about different but the best ways through which you can perform a reverse image search, then actually you are on the exact page. In this post, we are getting to learn all about the modern tools and techniques that can help

Read More »

How companies take advantage of big data analytics?

Big data technology made an impressive impact on nearly every industry by providing valuable information about a business. Because it allows transparent and accurate performance insights, even the leaders who are generally reserved to adopt new technology are curious about the power of big data. Businesses of all sizes want hands-on experience in data analytics,

Read More »