Quick Intelligence Blog

There is a myth that says good cybersecurity is expensive. If you follow that line of reasoning, SMBs are doomed to failure. If you think the word failure seems harsh, considering that 60% of SMBs go out of business after suffering a cyber attack, it isn’t. Surely, there must be something SMBs can do to protect themselves.

Data Privacy Day is an annual celebration of privacy and data protection.  It was first celebrated on January 28, 2007. In 2009, January 28 was recognized as National Data Privacy Day in the US. 

Many companies approach cyber security simply by using tools and technology to protect their networks. While this is an important step, it is also important to build a culture of cyber security.

(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.

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.

Some small business owners are under the mistaken impression that cyber security is only for larger enterprises. They often think, “why would a hacker want to attack my little business, when there are larger enterprises with more money and data to steal?” The reality is that small businesses are attacked often, they just don’t generate headlines the way larger businesses do. Unlike those large enterprises, 60% of small businesses will permanently close 6 months after a data breach. To avoid having your business close, read about the 6 big cyber security risks putting small companies out of business, along with tips on how you can minimize that risk.

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.