The Cyber Threats to SMEs


03 Aug 2015

The Cyber Threats to SMEs

SMEs may believe that they are safe from cyber-attacks, but in reality they are highly vulnerable to cyber threats.

According to the Federation of Small businesses, 66% have been a vctim but what exactly are the most common cyber threats faced by SMEs?

Insecure Passwords

Unbelievably many people continue to use weak and easy to crack passwords.  With so many websites and online services requiring users to have a password many people use the same password for everything. If a hacker can break a weak password, chances are that they can use it on several different websites.

Viruses and Malware

Viruses and malicious software (Malware) come in many different variations but all are harmful. A virus often infects a computer by coming in via emails or media links and then replicates itself. 45% of SMEs reported that they had been affected by viruses or malicious software in 2014, highlighting the need for SMEs to take cyber security more seriously.

Phishing

This form of cyber threat aims to acquire sensitive information such as passwords, usernames and credit card details. The criminal often masquerades as a trustworthy entity in an email to get the victim to give them their details. Banks, social websites and auction sites are the favoured ones mimicked by the criminals.

Vulnerable Websites

Websites are vulnerable to many types of cyber-attack. If an attack is successful a cybercriminal could gain control of a SMEs website and steal sensitive data which can lead to significant financial losses and perhaps worse, a damaged reputation. Over the past year alone a number of SMEs have been forced out of business due to the damage caused by a poorly protected website.

Vulnerable Networks

Most cyber-attacks occur due to the vulnerabilities in a business’s network. Any weak spot in a network can be exploited by a cyber-criminal and could lead to a very negative impact on a business. If a network is compromised it can cost a business a lot of money as staff will be needed to rebuild the system following a breach. Data losses and site downtime can also severely harm a business’s reputation.  

PGI Cyber Academy

To get ahead in protecting your SME, your staff need to be prepared for the threats it faces. PGI’s Cyber Academy offers the highest level of cyber security training for business & government professionals, delivering a one-stop training environment against the growing cyber threat.

Don’t become a target or victim of cybercrime. Seek the advice of the professionals such as those at PGI Cyber.

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

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