Small Business Cyber Statistics… Serious Threats
Small businesses experienced a 424% increase in cyber attacks last year as reported by Fundera. The National Cyber Security Alliance reports that 60% of companies go out of business within six months after falling victim to a data breach.
Yet BullGuard reports that 60% of small businesses think they are unlikely to be attacked and one-third of small businesses are using only free, consumer-grade cybersecurity in their commercial organizations. Twenty percent of these companies reported not using endpoint security at all (such as anti-virus and endpoint detection and response).
Fighting cyber-crime is a community effort. Several educational resources are available for you to learn more about how you can protect yourself and your business. Two such resources, provided by the Small Business Association and Mars bank are listed below.
60% of companies go out of business within six months after falling victim to a data breach…
60% of small businesses think they are unlikely to be attacked…
SBA Resources to Help Businesses
The SBA provides an excellent training tool called Cybersecurity for Small Businesses. It can be accessed from https://www.sba.gov/media/training/SBA_Cybersec/new/story_html5.html. This course is self-paced and can be completed in only 30 minutes. It provides you and your staff with an understanding of cyber security, manage risk, and safeguard against cyber threats. The training course is self-paced and can be completed in only 30 minutes.
Mars Bank Free Cyber Awareness Training
Mars Bank also offers free online cyber training from the respected provider of Internet Security Awareness Training, KnowBe4. This training provides tools to help protect yourself, your employees, family, and friends from cyber crime and covers everything from passwords to identity theft, to securing your network. The training is accessible from https://www.mars.bank/security.
Bottomline: Take Cyber Threats Seriously
Cyber attacks are no longer an “if” but rather a “when”… please take the time to learn more about protecting your organization. If you need referrals to cyber resources in our community, please contact the Mars Bank Commercial Team at 724-625-1555×250.