{"id":32421,"date":"2019-03-11T16:17:53","date_gmt":"2019-03-11T22:17:53","guid":{"rendered":"https:\/\/307technologies.com\/?p=32421"},"modified":"2019-03-11T16:17:53","modified_gmt":"2019-03-11T22:17:53","slug":"the-cost-of-it-security-for-small-business","status":"publish","type":"post","link":"https:\/\/307technologies.com\/the-cost-of-it-security-for-small-business\/","title":{"rendered":"The Cost Of IT Security For Small Business"},"content":{"rendered":"

The Cost of IT Security For Small Business<\/h1>\n

Cyber attacks are becoming increasingly common. It\u2019s no longer a matter of if you\u2019ll be attacked but when. Although being hacked or having your data breached seems unlikely, far-fetched and in many cases borderline impossible for small businesses. It\u2019s only a matter of time until it happens to your business.<\/p>\n

The thinking many small businesses have – even those in tech – is why would anyone want to hack their system? They\u2019re only a small business… Why would anyone think of getting a hold of their data? What do they possibly have to gain? And the last and most prevalent of them all is that having \u201cextra\u201d security is just a waste of money, which can be spent on other more important things. In today’s increasingly digital, litigious and vigilant society there\u2019s nothing more important than cybersecurity.<\/p>\n

And to be perfectly honest, small businesses are the perfect target for cyber terrorists – that should really be referred to as plain ol\u2019 criminals. Who\u2019ll target small businesses because:<\/p>\n

Small Businesses Have More To Lose<\/h2>\n

While larger companies like Under Armour, Uber, even Walmart and Equinox (some of the major names who\u2019ve been breached in recent years) have plenty to lose, smaller businesses can lose everything in one single attack. This causes them to be an especially enticing target for attackers who are looking to make a quick buck by holding them ransom. They\u2019re far more likely to try to comply with a hackers demands and less likely to fight back.<\/p>\n

Small Businesses Have Far Fewer Resources<\/h3>\n

Once you\u2019re in the middle of an attack, most small businesses don\u2019t have the capabilities to \u201cescape\u201d if you will. They\u2019re either completely at the mercy of attackers, or they\u2019ll continue working on their network never realizing that they\u2019ve been breached. If it\u2019s the latter (as is the case with malware) they\u2019re exposing their own data and that of clients as well to hackers who\u2019ll find the most lucrative way to make use of the data they\u2019ve accessed.<\/p>\n

Small Businesses Can Be An Unlikely Point of Entry<\/h3>\n

Many larger corporations have contracts with smaller businesses. That makes them a prime target for hackers and cybercriminals, who only need partial access to gain access to larger companies. In most cases, tracing the attack to its origin will lead many companies to their far smaller counterparts, whose services they\u2019ve been using.<\/p>\n

Small Businesses Are Less Likely To Be Vigilant<\/h3>\n

Most small businesses can\u2019t afford their own IT division<\/a>, so that\u2019s simply left to is the most tech-savvy amongst the bunch. Or, worse still, using a one-size fits all approach and getting ready-made plug-and-play software for protection. They\u2019re blissfully unaware of the significant threat being posed by their lack of oversight. That lack of vigilance, oversight, monitoring, and cybersecurity expertise make small businesses a paradise for any cyber criminal. Even if they don\u2019t intend to sell off sensitive information – a small business can be a great candidate for extortion, and a way to obtain entry to more lucrative data.<\/p>\n

Are You Vulnerable To An Attack?<\/h2>\n

Have you hired a reputable, local cybersecurity company to analyze your possible threats and then make recommendations? If not, you\u2019re definitely vulnerable. Every 39 seconds there are attacks and most of them (43%) target small businesses. Some of the most common attacks include:<\/p>\n

Data Breaches<\/h3>\n

Data breaches are by the far the most common cyber \u201cattack. All attacks start out as a data breach, but where this sort of attack differs is that it focuses on exploiting vulnerabilities in your current software and systems to gain access to your business’s data. Once there, hackers can remain in the background forever really, or until they feel the need to strike. From here they\u2019ve got the greatest vantage – undetected they can leak, sell, monitor and exploit your businesses data in a manner that is most beneficial to them.<\/p>\n

Ransomware<\/h3>\n

As the name implies, ransomware, in a nutshell, would be hackers exploiting your system’s vulnerabilities to \u201ckidnap\u201d your data and then release it back to you for a fee – usually digital currency (bitcoin). Ransomware is far easier to catch than a data breach. Simply because the hackers are making their way to you – they want you to know that they\u2019ve accessed your data. Unfortunately, this attack can be more devastating to businesses as they scramble to put together the money to release their data. While this is happening their business is practically at a standstill – which is more money wasted.<\/p>\n

DDoS Attacks<\/h3>\n

DDoS attacks are primarily aimed at non-remote businesses. Businesses who rely on web-based systems and servers to carry out business. Usually, the culprits will target your websites or other networked resources. These are generally malicious attacks that aren\u2019t meant to benefit the attacker financially but could simply be a retaliation type of attack. Since it\u2019s relatively easy to complete. All attackers need is access to plenty of bot traffic that would overload the servers.<\/p>\n

As Wyoming’s information security and cybersecurity specialists we\u2019ve partnered with some of the leading names in innovation to make our clients safer – protect their data. At the end of the day, the cost of a lack of data security is far greater than any small business can afford.<\/p>\n

Contact us<\/a> today for a detailed audit so we can get your business to be safer and free from threat – in real time. It\u2019s one of the best decisions you can make as a small business.<\/p>\n","protected":false},"excerpt":{"rendered":"

The Cost of IT Security For Small Business Cyber attacks are becoming increasingly common. It\u2019s no longer a matter of if you\u2019ll be attacked but when. Although being hacked or having your data breached seems unlikely, far-fetched and in many cases borderline impossible for small businesses. It\u2019s only a matter of time until it happens […]<\/p>\n","protected":false},"author":1,"featured_media":32422,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[27],"tags":[],"yoast_head":"\nThe Cost Of IT Security For Small Business - 307 Technologies<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/307technologies.com\/the-cost-of-it-security-for-small-business\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The Cost Of IT Security For Small Business - 307 Technologies\" \/>\n<meta property=\"og:description\" content=\"The Cost of IT Security For Small Business Cyber attacks are becoming increasingly common. It\u2019s no longer a matter of if you\u2019ll be attacked but when. Although being hacked or having your data breached seems unlikely, far-fetched and in many cases borderline impossible for small businesses. 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