78% of SMBs<\/a> are concerned that a cyber attack could put them out of business. Do you feel the same but have no idea where to start to protect your data, customers, and often cloud-based systems from the bad guys?<\/p>\n\n\n\n We\u2019ve compiled the most important cyber security basics you need to know, jargon-free. Ready to go from a cyber security rookie to a cyber-aware business owner? Let’s go.<\/p>\n\n\n\n In a word: ABSOLUTELY. In 2023 alone, 73% of Asia Pacific-based SMBs<\/a> were victims of at least one cybersecurity incident. Many of those incidents (44%) were caused by poor security measures. In the U.S., nearly 47% of <\/a>SMBs<\/a> were breached due to a stolen password.<\/p>\n\n\n\n Such incidents cost money. In its 2024 Data Breach Investigations Report (DBIR), Verizon\u2019s data indicated that median losses for SMBs affected by ransomware or extortion-related crimes were $46,000<\/a>. That\u2019s an awful lot for cash-strapped small businesses.<\/p>\n\n\n\n Cybersecurity is something SMBs can’t do without. But why would the bad guys target such small prey when they could cash in more by breaching into corporations?<\/p>\n\n\n\n Because they’re easier to catch for several reasons, namely they’re often not as well protected.<\/p>\n\n\n\n OK, I guess you\u2019ve got the picture. Now, let\u2019s get down to business and learn seven golden rules your SMB cybersecurity basics handbook should include.<\/p>\n\n\n\n In the digital era, Verizon\u2019s 2024 DBIR reports that 6<\/a>8% of breaches<\/a> are caused by human-related factors. These are issues that frequent cybersecurity basic training can help prevent. For example, an employee<\/p>\n\n\n\n By the way, training doesn’t have to be boring. A quick search on YouTube<\/a> shows how password security can become a fun topic if presented the right way to engage your audience. Learn how to unleash your creativity, much like how The Defence Works did in this short, entertaining video about phishing:<\/p>\n\n\n\nCyber Security for SMBs \u2014 Is It Necessary?<\/h2>\n\n\n\n
7 Cybersecurity Fundamentals You Can\u2019t Do Without<\/h2>\n\n\n\n
Cyber Security Basic #1 \u2014 Employees Are Your First Line of Defense<\/h3>\n\n\n\n
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