Federal relief packages are helping businesses navigate the fallout from the coronavirus pandemic. But, as $2 trillion in stimulus money is distributed across the nation, small businesses are experiencing a major jump in cyberattacks.
The chaos and uncertainty that was born from the pandemic created the optimal conditions for cybercriminals. Plus, with more Americans than ever working remotely, businesses are significantly more vulnerable to security breaches. But, government resources are currently overwhelmed, meaning that small businesses can't necessarily lean on federal help in the face of a cyber attack. Get more details on this issue here: The Covid-19 crisis is resulting in a growing wave of small business cybercrime.
So, how can small businesses cope with a heightened cybercrime risk amidst economic uncertainty? Given that human error commonly leads to cybersecurity attacks, AI technology is a viable option. AI-powered computer monitoring systems can identify abnormal messages, such as phishing emails, and alert businesses of potential risks. Learn more about AI security solutions here: Tackling Cybercrime With AI During COVID-19.
We're living in uncertain times. But, with proactive protective measures, small businesses can lock down their vital data. To implement security solutions for your business, contact our team today.
As of 2019, 80% of small businesses in the U.S. have experienced a cyber attack.
The two most frequent cyber attacks against small businesses are:
Phishing
Credential theft
43%
43% of cyberattacks are targeted at small businesses.
14%
Only 14% of small businesses are prepared for defense against a cyber attack.
How To Protect Yourself Against Cyber Threats:
- Regularly back up online and offline files
- Don't open suspicious or unusual attachments or emails
- Create and maintain strong passwords
- Keep all software up-to-date
- Review security and privacy settings