The information we create and the data we hold about our customers has value to us. It also has value to others.
This makes us all a target of cyber crime.
In fact, more than 60% of SMEs had a security breach last year – but 65% still think they are not a target and nearly 40% spend nothing on security.
Small businesses do not need the same security system as a bank because the threats are not the same. Security is about understanding the risk to your business and taking the proportionate steps. For many small businesses this can be achieved using free or low cost tools, educating employees and applying Cyber Essentials.
Read the Business Gateway’s full guide to Cyber Resilience here