While data breaches at big companies like Target, Home Depot and Sony get a lot of press, small businesses are also at risk.
And because small companies don’t typically have the financial resources, technical support, or processes in place to lock down data as effectively as larger firms, they are arguably at greater risk.
The threats are very real and growing for all companies – not just large corporations. According to Symantec’s 2016 Internet Threat Report, 65 percent of spear-phishing attacks (a type of targeted cyber attack that involves sending fraudulent email messages to obtain confidential information) in 2015 were aimed at small and mid-size businesses.
Cybercriminals often look at attacking less-protected small companies as a gateway for attacking larger companies with which the small businesses have relationships.
Getting hacked can cause a plethora of problems.
• Additional costs (to make corrections to your system to remove the threat and prevent future successful attacks)
• Liability (if customers’ confidential data is compromised)
• Damage to your…