Common SME Cyber Security Myths

23 May 2016

Common SME Cyber Security Myths

Many SMEs are still not taking the issue of cybersecurity as seriously as they should be. According to surveys conducted by the UK government and cybersecurity firms, 78% of SMEs believe at least one of the most common cyber security myths. 

In this article, we will take a look at some of the most common misconceptions surrounding SMEs and cybercrime.

Only companies that take payments online are at risk of cyber crime 

This myth is common amongst SMEs as many do not take payments online due to their small size and/or lack of capability. However, in this modern age, the vast majority of businesses have some type of web presence. SMEs are at risk and whilst hacking of payment processing software is an obvious tactic, criminals are opportunistic and can benefit from stealing a wide range of data from businesses.

Too small to be a target

Small businesses are in reality a very big target for cybercriminals. Like traditional criminals, cybercriminals are opportunistic and prefer to attack easier targets. Unlike large organisations that typically have big budgets and better defences, SMEs typically do not. The lack of defences makes them very appealing to hackers.

An SME has nothing a Hacker Wants

It’s not just money that criminals are after. SMEs have a wealth of sensitive data that can be stolen and sold on the  Dark web. Names, addresses, and other personal data are prized by cybercriminals, as they can be used for fraud or phishing scams.

Cybersecurity is too expensive

According to UK government data, a quarter of SMEs believes that cybersecurity is too expensive to implement. This is no longer the case due to the introduction of schemes like  Cyber Essentials. PGI also provides  services  that will not break the bank but instead will provide peace of mind and save a business a lot of money if a cyber breach does occur.

Education is crucial to dispel these misconceptions

By educating staff on the basics of cyber security hygiene the cyber threat can be reduced massively. PGI’s state of the art  Cyber Academy  based in Bristol provides a wide variety of courses which will teach an SME’s staff everything they need to know in order to better understand and tackle the threats posed by cybercriminals and hackers.

How does Cyber Essentials aid my SME?

By implementing the measures in the Cyber Essentials scheme a business can greatly reduce its vulnerability to cyber threats. The scheme educates staff in the basics of cyber security and is aimed to help protect against the most common threats. A business can also apply for the Cyber Essentials Plus scheme which offers a more in-depth course.

Once an SME has completed the certification process they place the Cyber Essentials badge on their website and marketing material. A company with this badge is likely to be more trusted by potential customers.

PGI   Cyber’s Services & Cyber Essential Portal    allows organisations to complete the Cyber Essentials assessment online with detailed instruction and full support where required. PGI Cyber Essentials Portal is designed to streamline the process of ordering cyber services whilst supporting organisations to increase their cyber resilience.

To get started click here  

For more information on the Cyber Essentials Portal please contact 0845 600 4403 or alternatively email.

For the latest PGI updates like our pages on LinkedIn –   PGIPGI Cyber , and Facebook –   PGIPGI Cyber


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