Tag Archives: Threat of Ransomware

Cybersecurity is no longer just the concern of large corporations in today’s digital landscape. Small businesses are becoming the prime focus for hackers as well. Knowing why hackers focus on small businesses is key to protecting their operations and looking forward to long-term success. This article explores why hackers target small businesses and what practical insights it can do to strengthen one’s cybersecurity posture. The Growing Threat Landscape The Rise of Cybercrime The rise in the internet and digital technologies opened new doors for businesses but also ushered in cybercrime. The Cybersecurity & Infrastructure Security Agency reports that cybercrime activities have significantly increased within the past decade, targeting small-sized businesses disproportionately. According to one Verizon report, 43 percent of cyberattacks target small-sized businesses, bringing the serious need for better security measures. Effects of COVID-19 The isolation of many small businesses has been accelerated by the COVID-19 pandemic. As work shifts to remote and online workplaces, there is vulnerability that makes exploits easier to commit by hackers. Even though small businesses were adapting to a new way of doing things without cyber security measures in place, this made them an attractive route for cybercriminals. Why Small Businesses Are Hacker Targets …