43% of All Cyber Attacks Targeted at Small Businesses

Many hackers are viewing smaller firms as a ‘back door’ to larger corporations when attempting to steal sensitive data

43% of All Cyber Attacks Targeted at Small Businesses

43% of all cyber-attacks last year were targeted at small businesses with less than 250 staff, according to a report by Symantec.

The survey found that, as larger corporations have increased their online security, smaller firms have now become a more attractive target for hackers with many viewing them as a ‘back door’ to larger corporations.

500 million digital identities were stolen in 2015, while ransomware attacks were up 35% and technical support scams have increased by 200% year-on-year.

The vast majority of cyber-attacks were carried out by gangs posing as software companies in an attempt to trick unsuspecting businesses into sharing sensitive data, with some criminals even setting up call centres specifically to fraud business people.

Earlier this year, it was revealed that 44% of small businesses don’t believe they are at risk of cyber-crime.

Sian John, a chief strategist at Symantec, said:

“Small businesses are a softer target. In phishing campaigns, for example, attackers try to make people change the account on record for paying people but in a large business, they have strong payments processes and that won’t get through.

“In a small business, hackers expose our need to be nice and can be successful.”

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