If you’re a small or medium size business and think you are not big enough to be a target for cyber criminals, think again. According to Ponemon Institute, 63% of SMBs experienced a data breach in 2019. That’s because hackers are opportunistic – they realize that SMBs typically have fewer, less trained resources dedicated to fighting cyber adversaries and are more likely to pay off ransomware demands without the resources to remediate. Staying ahead of malicious actors is difficult, especially for small and mid-sized companies. Unfortunately, that challenge is even greater now that the COVID pandemic has altered the way we conduct business.
The shift to remote and hybrid work environments, prompted by COVID, has only compounded the risks facing SMBs. Managing a mobile workforce that is using new digital services and products fundamentally increases the attack surface as employees move away from corporate networks and security safeguards. A once hardened perimeter is now blurred, porous, and open to cyberattacks. Now, more than ever, SMBs need to up their security game to protect endpoints from being compromised.
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