When the headlines focus on breaches of large enterprises like the Optus breach, it’s easy for smaller businesses to think they’re not a target for hackers. Surely, they’re not worth the time or effort?
Unfortunately, when it comes to cyber security, size doesn’t matter.
Assuming you’re not a target leads to lax security practices in many SMBs who lack the knowledge or expertise to put simple security steps in place. Few small businesses prioritise cybersecurity, and hackers know it. According to Verizon, the number of smaller businesses being hit has climbed steadily in the last few years – 46% of cyber breaches in 2021 impacted businesses with fewer than 1,000 employees.