SMBs continue to be cybercrime targets

Small and medium-sized enterprises (SMEs) are the perfect target for cyber criminals. They typically have a large cache of personal data that can be accessed en masse, making them a much more lucrative target than going after individuals’ personal data. And, unlike large corporations, SMEs generally don’t invest heavily in cyber security, meaning it won’t take too much hard work to break in.

Despite this, most SMEs don’t realise the extent of the cyber security threats they face. They frequently dismiss the need to implement cyber defences, believing that no one would target them. This argument reached fever pitch in the run-up to the EU General Data Protection Regulation (GDPR), with organisations insistent that the Regulation either didn’t apply to them, because they were only small, or that it shouldn’t. However, the GDPR applies to organisations of all sizes – and for good reason. A recent government report found that 42% of small businesses suffered a data breach or cyber attack in the past 12 months.

Why you are vulnerable

Cyber criminals are indiscriminate with their attacks. It doesn’t matter if they’ve heard of your organisation before; if they see a vulnerability, they will attempt to exploit it. That’s because organisations always have something worth stealing – usually personal data, which can be sold on the dark web or used to commit fraud.

Hacking generally isn’t a one-off event, either. After your website has been attacked and everything useful taken, the criminal hackers will install malware that will infect your site visitors, so that their information can be stolen as well. The cyber attack then spreads, gathering information as it goes, until it eventually hits a big target.

Get secure with ISO 27001

Organisations that want to step up their security should adopt ISO 27001, the international standard that describes best practice for an information security management system (ISMS).

ISO 27001 is one of the world’s most popular cyber security standards, offering a broad range of insights into how to prevent data breaches and other cyber security incidents.

IT Governance offers a range of tools and services to help you implement the Standard’s requirements, but to get started as quickly as possible, we’d recommend our consultancy service.

Drawing on our unique blend of practical information security know-how and proven management system consultancy expertise, our team will help you implement an ISO 27001-compliant ISMS without the hassle, no matter where your business is located.

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