Business matters. Managing your cyber security as an SME

Peter Matthews, Metro CEO, with Business Matters Magazine discussing cyber security for SME's.

Extract:

Managing your cyber-security as an SME

When it comes to cyber-attacks, being small isn’t a cloak of invisibility.

You don’t have to employ hundreds of staff, work for a large roster of clients or turn over millions to attract the attention of data criminals.

In fact, SMEs are particularly appealing to hackers because of their size. They often lack the resources – technology, staff training, specialist knowledge – that promotes resilience. As a result, hackers pick them off as easy targets.

The government’s recent Cyber Security Breaches survey outlines this problem, revealing that 42% of micro or small businesses have been breached in the last 12 months. Despite this, only 26% have a formal cyber security policy and less than one in five (19%) train their staff to be cyber aware.

With the advent of GDPR, small businesses now have the same responsibility as large businesses to protect sensitive data. Key to this is understanding how the dark web works because most stolen data ends up on this enormous, covert stratum of the web. Here are some pointers on what you need to know:

To read more please go to Business Matters Magazine