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(This is a summary of an article written for TLOMA Today: 5 Things Your Law Firm Can do Right Now to Improve Cybersecurity)

If you believe your company is too small to be targeted by cybercriminals, think again. Due to their lack of substantial cyber security budgets, small businesses are often viewed by hackers as “low hanging fruit,” or easy targets. Statistics confirm this as well.

(Updated from September 10, 2021)

The ability for online banking has made our lives simpler. We can bank from the comfort of our homes, or anywhere in the world without having to go to a physical branch. Cryptocurrency has also brought investors a new revenue stream that keeps on growing. While all this is great, there is a risk involved when it comes to using financial information on the internet.

Has this ever happened to you? Company X gets breached and you receive an email telling you that your password has been stolen and you need to change your password. If you’re wondering how much time you have to reset your password before your account is compromised, the answer, according to cybersecurity researchers at Agari, is not very long.

If you own a small business, you may think that cybercriminals would not be interested in stealing your data. The reality is, that SMBs are targeted specifically by cybercriminals because they know SMBs are the easiest, most vulnerable targets to attack.

You may think your business doesn’t hold the same type of sensitive information as a large business, however, cybercriminals are betting that your SMB doesn’t have the same safeguards in place as large corporations. Cybercriminals consider SMBs as “low-hanging fruit” because they often lack the technical resources and expertise to maintain strong security defences.

Covid-19 has forced companies to develop work-at-home policies to keep office workers safe. While some corporate workers are heading back into the office, others are continuing with a WFH or hybrid workspace. While this helps keep workers safe from disease, it makes it more challenging to keep those workers safe from cyber-attacks? If you are worried about the cybersecurity of your remote office staff, here are three tips your remote office workers should follow to help keep their data secure.

Cybersecurity is a must for today’s connected businesses. One of the biggest challenges, especially for smaller businesses, is the lack of financial resources to help defend against a cyber-attack. However, there are some tips that a business of any size, but especially a smaller business, can utilize to help protect themselves from a cyber-attack without blowing your budget.

If you are thinking that your business is too small to be targeted by cyber criminals, think again. Many hackers think of small businesses as “low hanging fruit,” or as easy targets, since they don’t have big cyber security budgets to prevent an attack. The statistics also prove this to be true.