SECURITY CORNER: Cybersecurity Report Shows Pitfalls for Small Businesses

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A recent cybersecurity report by Cybersecurity Ventures, the world’s leading researcher for the global cyber economy, and a trusted source for cybersecurity facts, figures, and statistics, predicts there will be a ransomware attack on businesses every 11 seconds this year, up from every 40 seconds back in 2016. While it seems healthcare providers, hospitals, 911 and first responders could be the hardest hit, more than half of all cyberattacks are committed against small-to-midsized businesses, causing 60 percent of them go out of business within six months of falling victim to a data breach or hack.

A recent cybersecurity report by Cybersecurity Ventures, the world’s leading researcher for the global cyber economy, and a trusted source for cybersecurity facts, figures, and statistics, predicts there will be a ransomware attack on businesses every 11 seconds this year, up from every 40 seconds back in 2016. While it seems healthcare providers, hospitals, 911 and first responders could be the hardest hit, more than half of all cyberattacks are committed against small-to-midsized businesses, causing 60 percent of them go out of business within six months of falling victim to a data breach or hack.

So, what can you do to protect your own business? Here are our top suggestions:

  • Make sure your software and hardware are up-to-date
  • Back up all your files and systems to multiple locations at least once a week; ideally once a day
  • Install a Secure Sockets Layer (SSL), a tool to protect the information users send between the website and the database and a Web
  • Application Firewall (WAF), a protection between your website service and your data connection, that scours through the data that is transferred between these systems
  • Use the latest encryption
  • Have anti-malware and anti-virus protection on your computer and devices
  • Use a trusted password manager
  • Stay vigilant and mind what you click and download

If you’re unsure where you business is in terms of cyber protection or if you’d like confirmation on the strength of your system, contact us to schedule a cybersecurity audit for your company at hello@sortedsol.com.