Top 5 Vulnerabilities of SMBs

Small Medium Businesses (SMBs) are quickly becoming the common target for cybercriminals as small enterprises have weaker security measures compared to big enterprises.

When an attack is successful, it can cost up to 130K USD on average for SMB which is a huge amount. Keep in mind that no business is too small or big to suffer a cyberattack.

Make sure your business is protected by securing these 5 Common Vulnerabilities:

1. Unpatched Software Applications

Unpatched Software Applications refer to an application with security weaknesses but have not been patched to cover up the security "holes". Using unpatched and outdated software applications leaves you exposed to cyberattacks.

2. Unprotected Networks/Server

Without proper network protection, cybercriminals can eavesdrop on your connection to gather information on your activities, intercept data transmitted between the network and server, and spread malicious software such as malware and viruses to users on the same network.

3. Weak Password Security

Having a poor password can put your business at high risk of getting hacked. Weak passwords are one of the leading vulnerabilities that lead to data breaches, with it being responsible for 81% of hacking-related data breaches.

4. Unprotected Emails

When an unprotected email clicks on a malicious attachment or link, there are no security measures to detect or prevent the malware or viruses.

With new phishing sites created every month, users have to be smart in identifying if it's real or fake.

5. Lack of security awareness

Without proper security awareness and training of employees, they are unable to fully understand the cybersecurity risks and issues and have clue on how to prevent them.

Organizations should take a people-centric approach to cybersecurity with how cyber attackers are increasingly focusing their attention on people and not technical defenses.

(source: https://www.acronis.com/en-us/resource-center/resource/572/)

Overall, it is extremely important to protect your business data from today's advanced threats. Avoid vulnerabilities with the 5 stages of cyber protection, prevention, detection, response, recovery, and forensics.

Not sure how to improve your security measures?

Call us at +65 6262 0402 or email us at care@acebizservices.com to get the information details on your needs.