image by WOOBRO LTD

Small-and-midsize businesses (SMBs) are at increasing risk of cybersecurity attacks. According to a report by Forrester Research, more than 40% of small businesses have suffered at least one cyberattack since 2010. Cybersecurity threats are causing a lot of losses for SMBs in 2021. As these organizations address cybersecurity in 2021, they need to understand what they are facing. The following are five top cybersecurity challenges faced by SMBs in 2021:

1. Phishing Attacks.

Most of the SMBs are familiar with phishing attacks, but they end up being victims. Phishing emails lure SMBs’ employees into opening and reading the new email, but they introduce malware into their system during the process. Phishing emails appear to be sent by a trusted recipient, and the moment you click on them, you unleash a ransomware attack. The malware blocks the SMBs from accessing their networks until they pay the ransom. Employees need training on how to spot phishing emails and handle cybersecurity for SMBs effectively.

2. DDoS Attacks.

Distributed Denial of Service attacks targets SMBs’ websites. DDoS slows down the websites hence causing a loss worth more than $25,000 per hour. The attack may last 6-24 hours. SMBs should avoid DDoS attacks by laying down an effective DDoS mitigation and response plan.

3. Malware.

Malware is attackers’ programs installed in SMBs’ computer systems to carry out third-party objectives without the administrators’ authorization. Malware includes spyware, Trojans, virus, bots, and adware. SMBs can protect their computers against malware attacks by installing firewalls, anti-virus, and end-to-end protection.

4. SQL Injection.

SQL injections execute data theft and interfere with the proper functioning of SMBs’ websites. Cyber attackers send malicious SQL commands to SMBs’ database servers, in order to steal customer data or administrative login information.

5. BYOD Technology vulnerability.

Today, remote working has made BYOD a common phenomenon among SMBs’ workers. The embracing of Bring Your Own Device (BYOD) technology at the workplace by employees exposes SMBs to increased threat. Some employees are very reckless and use unsecured devices despite the laid down cybersecurity measures. The unsecured devices may pass malicious programs to the companies’ computer systems and networks.

Critical Takeaway

As SMBs address cybersecurity in 2021, they should consider partnering with experts like BrillianSe Group, to have all challenges on cybersecurity solved. BrillianSe Group specializes in affordable and effective cyber assessment, advisory, training, and virtual hands-on CISO services.  It is, therefore, time for SMBs to get the necessary remedies for cybersecurity challenges.

Download 5 tips for Cybersecurity protection for SMBs

how can we help you?

Let’s continue discussion on how we can help you implement a done-for-you holistic Cybersecurity Management Posture.

  • Phishing Attacks come in many forms, learn more about each form and how to prevent them

    Phishing is one of the oldest and yet still prevalent form of Cyberattack. It comes in many forms and often come with combination of forms. In this post, let us learn more about each of the numerous types of Phishing attacks and how to prevent them.

    November 17, 2021

    A Data Breach is a multi-headed beast, and this beast is growing strong by leaps and bounds in its capability to cause monetary damage as well at the ways it can attack the most sensitive of data. In this podcast we detail 4 favorite attack areas in 2021 that cyber-attackers prefer to use to breach data and what can IT leaders do about it.

    March 29, 2022
  • Strengthening Web Application Security and why it is 2nd most vulnerable threat vector in 2021 according to Forrester Research

    Forrester’s State of Application Security Report for 2021 shows that applications are still a major attack vector. Here are critical and practical steps you can take to strengthen security of your Web Application security.

    December 16, 2021

    Penetration testing methodologies help to methodically identify security vulnerabilities in an organization. Think of this type of testing as your live-fire exercise for a Cyber-attack. Here are top four penetration testing methodologies that are industry-recognized and respected.

    October 19, 2021

    The fast changing and popular cryptocurrency investing market is attracting much attention from cyber attackers to prey on investors. Here are details on some of the prevalent scams that are popping up, for any investor in crypto to be aware of.

    November 4, 2021
  • Why point solutions in Cybersecurity won’t protect against a data breach, but holistic posture can.

    With the rise of ransomware, phishing mails, vishing (voice phishing), DDoS attacks, data breaches, nation state sponsored cyber attacks, it is becoming more important than ever before to have strong holistic Cybersecurity protection. Point solutions are not enough anymore to handle complex cyberattacks. Let’s look at why holistic cybersecurity instead is better than point solutions.

    November 10, 2021
  • How to Prevent a Data Breach

    A Data Breach is a multi-headed beast, and this beast is growing strong by leaps and bounds in its capability to cause monetary damage as well at the ways it can attack the most sensitive of data. There is no silver bullet solution for this is problem, furthermore, there are no one-set of controls to keep this beast at bay.

    March 29, 2022
  • What every CEO needs to know to prevent Ransomware

    In this session we look at 4 foundational layers of proven management approach that every C-Suite leader needs to know to implement better than adequate controls in Cybersecurity protection and posture to prevent Ransomware.

    March 29, 2022

    Here are some of the worst cybersecurity strategies, unfortunately, followed and adopted by many organizations. Such practice has repeatedly lead the companies to disastrous results in loss of business, reputation, and monetary fines.

    November 9, 2021