Top 3 Small Business Security Threats

Top 3 Small Business Security Threats

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So you think because you’re a small business, hackers will not pay attention to you? Think again! Many hackers are only targeting small business because they know; SMBs do not have the know-how or budget to protect themselves from online threats. Consider this:

  • More than 62% of breaches hit small businesses
  • Cyber attacks cost small businesses between $84,000 and $148,000
  • 60% of small businesses go out of business within six months of an attack
  • 90% of small businesses don’t use any data protection at all for company and customer information

The question is, what are the main online threats and what can you do to avoid being a victim of a cyber attack?

1. Malicious code

Malicious software that gathers sensitive or private information, or gains access to private computer systems. The most common types are malware and ransomware, which is especially dangerous since it will encrypt all your files and the only way to get it back is by paying hundreds or even thousands of dollars.

2. Unsecured Wireless Internet Networks

Hackers can gain access to an unsecured wireless network very easily. Even if your network is secured, if it’s not secured well (e.g. you never changed the default password or the software is out of date), you are potentially leaving yourself open to a harmful security threat. Once a hacker gains access to your WiFi network they can steal the credentials for websites or install malicious code.

3. Phishing

If you’ve ever received emails that look like they’re from your bank stating that your account has been hacked and you need to reset your password by clicking a link, you may have received a phishing email. Sometimes they look like emails from people you know in the company asking to buy gift cards or send money via wire transfer.

How to avoid it:

  • Keep your software current: Install security patches periodically.
  • Use common sense: don’t open suspicious emails, links, advertisements or websites
  • Secure Wireless internet networks with a good password: don’t use weak passwords, it’ll only make hackers life easier.
  • Password management: Make sure someone is managing all the accounts that have been created and who has access to them. When someone quits or is let go, make sure the passwords for the accounts they had access to are changed or the account disabled.
  • Train your employees: make sure security training is part of on-boarding new employees. Make sure they understand how to avoid simple and common mistakes like writing passwords on sticky notes or opening malicious emails and links.

Not sure if your network is protected? Find out for FREE! Contact Pronto Tech and we’ll schedule a completely FREE Security Assessement. No strings attached, nothing to sign, nothing to lose but a lot to learn. It could save your business!