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6 practical cybersecurity tips for SMEs
Any business that employs fewer than 250 people can be categorized as a small and medium-sized enterprise (SME). There are more SMEs than there are corporations and overall, SMEs employ more people. SMEs serve as a driving force for competition and innovation in many economic sectors. Media coverage of cybercrime tends to focus on corporations, such as the cyberattacks on Equifax, the US Department of Homeland Security, and Uber in 2017. Organizations of all sizes, however, are at risk of cybercrime. According to 2017 reports from Verizon and UPS, nearly two-thirds of all cyberattacks target small organizations. Here are six cybersecurity tips to help SMEs with their cybersafety. Understand the risks – to implement effective cybersecurity policies, processes, and procedures, it is important to know your data security management risks. Conducting a risk assessment is part of understanding and managing the potential risks that can disrupt business continuity.
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