Unfortunately threats to IT systems happen every day to businesses large and small. The difference is, for smaller organizations these situations can take down the business completely. According to new data from Symantec, 43 percent of cyberattacks are targeting small businesses, and the number of data breaches reported each year continues to climb. If that’s not alarming enough, 60 percent of SMBs that are breached go out of business within six months.
Small-to-midsized businesses are often the most at-risk. Cybercriminals know that they might not have the same security in place as larger organizations, and target them as easy prey. Ransomware attacks have become a major issue, with cybercriminals attempting to lock you out from your data, and forcing you to pay a ransom to get the data back. They may not be concerned about having the data themselves, but they know you will pay a handsome fee to recover the information.
“55 percent of respondents say their companies have experienced a cyber attack in the past 12 months” and “they spent an average of $879,582 after the incident because of damage or theft of IT assets. In addition, disruption to normal operations cost an average of $955,429.”
- Small Business Trends
Unfortunately Ransomware continues to be on the rise, and has grown exponentially over the past few years. According to Trend Micro, in 2016 discovered ransomware families were up over 5 times the levels of 2015 (29 in 2015 and 146 in 2016). And while we have seen a leveling off of new ransomware families in 2017, the increased number of modifications of existing ransomware is creating continuous new threats to businesses.
Business Email Compromise (BEC) is another major threat management concern for small and mid-sized businesses. Since January 2015, there has been a 1,300 percent increase in identified exposed losses, now totaling over $3 billion according to the FBI’s Internet Crime Compliant Center (IC3). BEC scams trick unsuspecting employees into sending money to cyber criminals. Often a criminal will spoof a CEO or CFO email account by slightly changing the spelling of the username or domain. They will send a fraudulent email, asking the employee to send money to a new supplier or to modify the account information of an existing supplier. The employee thinks they are following a request from their leadership team, and instead are sending money directly to a criminal enterprise.
So what’s the best way to defend yourself? Take every step you can to protect your systems to prevent attack. And if you do fall victim to ransomware or other cyber-attacks, have a strong back-up system in place so you can recover your data and quickly rebuild your systems.
Securing your data has never been easier or more affordable. Our cloud-based data protection services offer military-grade protection at a price that makes sense for small and midsize businesses.
Cybercriminals will target your business and seek out vulnerabilities in your system. Xlingshot Sentry solution will automatically patch your servers and individual user laptops and PCs to make sure they have the latest security patches and anti-virus protections in place.
Our Threat Management services help protect your vulnerable entry points including:
Mobile devices – complete tracking of mobile device Internet traffic, to check that every data request made to and from the Internet is safe so your device is protected even when you are on an external network outside your firewall. Those sites which are malicious are blocked, and those without problems are passed through without interruption. Those which are questionable are sent through another layer of security for further inspection.
Network infiltration – via advanced malware, targeted attacks and advanced persistent threats
Web Defense – prevents employees from visiting websites you designate as inappropriate and blocks access to sites which are known to have malicious code.
Xlingshot helps protect your systems and data, and works with the latest technologies to stay ahead of threats as they continually evolve and change. We help you put the right protection system in place, defend you from attack, and contain threats to eliminate the risk of re-infection and reduce the disruption to your business.
Comprehensive threat protection to block malware, botnets and phishing over any port, protocol or application
Pinpoint Infected Devices
Quickly pinpoint devices infected or users being targeted by advanced attacks
Consistent Security and Policies
Apply consistent network security and acceptable user policies for each office location
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