43% of All Cyber Attacks Targeted at Small Businesses

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 ... »

Protect your Business from Security Threats

Small firms Unaware of IT Security Threats

Small businesses are leaving themselves vulnerable to IT security risks because they are not aware of new cyber threats, IT firm Symantec has warned. A Symantec survey of more than 800 small firms revealed that while most SMEs are aware of common everyday threats such as IT viruses and spam, 67% were unfamiliar with ‘minnowing’ and 65% had not heard of ‘whaling’. Both threats are forms of ‘phishing’ that target either the bottom end of the organisation (‘minnowing’), or senior management (‘whaling’), for sensitive information that can then be re–sold. “Small businesses are aware of some of the threats posed in the modern computer era, but they rarely deploy the correct infrastructure to help them cope with new threats,... »