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Hackers , With the massive surge in cyber-attacks on small and medium businesses, the myth,“It’ll never happen to us”, has busted as it is being seen that cybercriminals have no bias against the size of the organization. Hacker’s affinity towards SMBs has increased, and they have started finding small businesses to be more attractive because of the negligible security measures in there to protect their data. Recently, Equifax stocks plunged after a cyber-attack, which is being termed one of the biggest in the United States, exposed the personal financial information, including names, social security numbers, credit card numbers, and some other details of around 143 million Americans. There have been similar attacks on small and medium businesses, which did not make headlines, but many businesses shut down as they were not able to handle the aftermath of a cyber attack. As per the 2016 State of SMB Cybersecurity Reportanoherin 12 months, hackers breached half of all small businesses in the United States, and even after knowing that they are the vulnerable majority of American small and medium businesses neglect the data security for one or the other reason.A survey by Manta highlights that 87 percent of small-business owners don't feel the urgency to manage cybersecurity, moreover, 1 in 3 small businesses don't have the security tools to protect their business the. As the cyber-attacks on small businesses have been increasing it is not prudent to avoid taking simple preventive measures to safeguard business from security threats. Cybersecurity is a need of an hour for business owners as it can be a matter of growth or death of the business. Businesses should understand the gravity of , cybersecurity and should invest in IT security to prevent hacking attacks, or else it can prove fatal for small businesses in comparison to a large corporation. Due to the paucity of funds, non-compliance with processes & procedures, and unavailability of skill sets to manage IT security, small businesses are the soft targets, but there are ways to remain secure in a most cost-effective manner. A simple security tool like CoreIT sec. As the cyber-attacks on small businesses have been increasing it is not prudent to avoid taking simple preventive measures to safeguard business from security threats. Cybersecurity is a need of the hour for business owners as it can be a matter of growth or death of the business. Businesses should understand the gravity of , cybersecurity and should invest in IT security to prevent hacking attacks, or else it can prove fatal for small businesses in comparison to a large corporation. Due to the paucity of funds, non-compliance with processes & procedures, and unavailability of skill sets to manage IT security, small businesses are the soft targets, but there are ways to remain secure in a most cost-effective manner. A simple security tool like
