Small firms usually lack cybersecurity measures that larger organizations do, making them appealing targets for fraudsters.
According to a new Vodafone Business research, 54% of UK Businesses have recently been the victim of a cyber-attack of some kind. In a previous study of a similar nature, Vodafone discovered that 39% of SMEs had seen some type of cyber-attack in 2020, showing a growing risk for SMEs at a time since more people work remotely but many enterprises rely on digital technology.
According to a study by Vodafone, 33% of SMEs reported an increase in the number of attempted cyberattacks on their company, while only 18% reported a decrease.
Another study concluded that hackers target high-value accounts for takeover and that CEO and CFO accounts are nearly twice as likely to be compromised as average employee accounts. Once in possession, fraudsters utilize these high-value accounts to acquire information or carry out operations against a company.
Cyberattacks on Small Businesses
Due to a wide range of factors, as listed below, small business owners might not believe it is necessary to devote the time or resources to developing a cybersecurity plan.
This article has been indexed from CySecurity News – Latest Information Security and Hacking Incidents
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