12 Aug 2019

Why remote workers are an underrated security risk for small businesses

A mere 4% of small businesses in the United States have fully adopted the cybersecurity best practices outlined by the US Small Business Administration (SBA), a new report by Nationwide found. Around 20% of small businesses in the survey did not train employees about cybersecurity at all. Most small business

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29 Jul 2019

66% of SMBs don’t believe they are vulnerable to cyberattacks

A new report by Keeper Security indicates the most business leaders at small to mid-sized businesses (SMBs) vastly underestimate the risk that cyber threats pose to their firm. Two in three (66%) respondents said that their organization will not suffer a cyber attack, even though recent research by the Ponemon

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25 Jul 2019

Most SMBs have not identified and documented cybersecurity threats

A new ConnectWise report highlights major shortcomings in the cybersecurity strategies of small and mid-sized businesses (SMBs). The vast majority of SMBs have not identified and documented cybersecurity threats (69%) nor vulnerabilities (66%), which means that they have no clue about the weak links in their defenses and no way

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23 Jul 2019

Your business hit by a data breach? Expect a bill of $3.92 million

Data breaches have gotten 12% more costly over the past five years, and the average data breach now leads to $3.92 million in losses for the affected organization, a new report by IBM shows. While the costs for smaller firms tend be lower, companies with fewer than 500 people on

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12 Jul 2019

Persistent Threats Can Last Inside SMB Networks for Years

Persistent threats can compromise the networks of small and midsize businesses (SMBs) for years on end according to a new report by Infocyte. The study, which focused on organizations with a headcount between 99-5,000 and no more than $1 billion in annual revenue, found that persistent threats excluding ransomware last

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04 Jul 2019

More Than Half of SMB Devices Run Outdated Operating Systems

New research by Alert Logic highlights common issues putting small to mid-sized businesses (SMBs) at risk of cyberattacks. The survey found that two in three (66%) SMBs still rely on operating systems that are no longer supported or will cease to be supported within the next 6 months (Windows 7

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21 Jun 2019

Small Businesses May Not Be Security’s Weak Link

A new report by (ISC)² indicates that the poor reputation of small businesses when it comes to security isn’t entirely justified. Small firms are often considered to be a supply-chain risk for larger corporations, but (ISC)² found that security breaches resulting from cooperation with a large company are slightly more

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27 Mar 2019

Small Businesses Turn to Managed Service Providers for Security

A new report by Continuum shows not only that small- to midsized businesses (SMBs) increasingly understand that their cyber defenses are falling short, but also that many smaller firms are willing to spend more on managed services if these offer better security. A whopping 90% of SMBs would think about

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25 Mar 2019

70% of Ransomware Attacks Targeted SMBs, BEC Attacks Increased by 130%

New research by Beazley Breach Response (BBR) Services shows that small businesses are more often at the receiving end of a ransomware attack than larger companies. In 2018, 7 out of ten (71%) ransomware attacks were directed at small firms. Threat actors demanded an average ransom of $116,324 in bitcoin.

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14 Mar 2019

Point of sale malware campaign targets hospitality and entertainment businesses

Cybercriminals are targeting small and mid-sized businesses (SMBs) that process a lot of card payments with point-of-sale (POS) malware in order to steal customers’ payment card information, researchers with Flashpoint have found. The malware used in the campaign that mostly targets the hospitality and entertainment industries is dubbed DMSniff. It

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