When it comes to cyber threats, small and medium-sized businesses (SMBs) are often seen as easy targets. These companies often have fewer resources and less sophisticated security measures in place, making them vulnerable to a wide range of cyber attacks.
So, what are the top cybersecurity threats facing SMBs today? Here are a few to watch out for:
1. Phishing Scams
Phishing scams are a common tactic used by cyber criminals to trick employees into divulging sensitive information. SMBs are often targeted because they have fewer resources for cybersecurity training and awareness.
Ransomware is a type of malware that locks down a company’s systems and data until a ransom is paid. SMBs are particularly vulnerable to ransomware because they may be more likely to pay the ransom in order to regain access to their data.
3. Social engineering
Social engineering is the use of psychological manipulation to trick employees into divulging sensitive information or taking other actions that compromise a company’s security. This can include tactics such as pretending to be a trusted authority or creating a sense of urgency or fear.
4. Insider threats
While most cyber threats come from outside a company, insiders can also pose a risk. This can include current or former employees who intentionally or accidentally cause a data breach.
To protect against these and other cybersecurity threats, SMBs should prioritize investing in the right tools and technologies, regularly updating and patching their software, and providing regular cybersecurity training to all employees. By taking these steps, SMBs can better protect their networks, systems, and data from cyber threats and keep their clients’ information safe and secure.
About MSP Corp
MSP Corp understands you’ve worked hard to build your business and you want to protect it. With a mission to be a world-class business partner for MSP owners across Canada, we actively seek to acquire and partner with owners looking to secure the value of the business they have built and provide a seamless exit process that ensures business continuity and employee and client stability.
Contact us today to learn more about selling your business and maximizing its value.