Large organizations used to be the main targets hackers due to the massive volumes of sensitive financial and customer data they possessed. As cyber attacks become more advanced, attackers are starting to feed into the valuable data that’s held by smaller businesses.
A recent Cyber Security Breaches Survey, conducted by the U.S. Department for Culture Media & Sport, reported that 45 percent of micro/small companies have experienced a breach in their system and 66 percent of medium/large businesses have suffered attacks as well.
This information warns small business leaders to be prepared against a breach and to protect their customer’s data. Public awareness of cyber attacks has helped the battle against cyber criminals, according to RealBusiness. As people become more aware and responsive to data breaches, companies are adapting cyber attack prevention policies and software.
According to Small Business Trends, 60 percent of small enterprises go out of business within six months of a cyber attack. As cybercriminals advance their techniques and maneuvers, familiarizing your small business with an adequate security system will ensure your employees, customers and business partners information is protected.
If you’re interested in how your business could benefit from MDL’s security programs, check out our Security Services Page.
