Cyber security is important for organizations of all shapes and sizes. While major businesses work within a strict framework to keep cyber-attacks at bay, same may not be the case with SMEs. Small and medium business organizations often have poor data protection protocol and weak backup systems, causing them to fall prey to hackers, easily.The CSA estimates that 60 percent of small business owners will have to call it quits less than a year after being hit with a cyberattack.<\/p>\n\n\n\n
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How?<\/strong><\/p>\n\n\n\n These are some of the weapons used in cyber-attacks related to SMEs-<\/p>\n\n\n\n <\/p>\n\n\n\n Ransomware<\/strong>– In simple words, hackers use malicious techniques to steal data and encrypt them. They release back the data to the owner, when a certain amount of ransom has been paid using cyber-currency which makes it even tougher to identity the rogue.<\/p>\n\n\n\n Phishing<\/strong>– Through dubious links or attachments sent via e-mail, hackers access personal information, right from credit card details to other related financial data.<\/p>\n\n\n\n Malware<\/strong>– Planted through applications in either a computer, phone or other related gadgets, these viruses steal personal data and use it for financial transactions.<\/p>\n\n\n\n <\/p>\n\n\n\n