Today, every company, large or small, that does business online is prey for cybercriminals. Unfortunately, the smaller ones (with fewer than 250 employees) and midmarket firms (250 to 499 employees) are often the first to be hit. Moreover, they can serve as springboards for larger hacking campaigns. The bad guys see small/midmarket businesses as low-hanging fruit because they typically have only basic security precautions in place and lack the sort of in-house staff equipped to deal with serious IT threats.
According to Cisco’s “Small and Mighty” Cybersecurity Special Report—drawing on data gathered from 1,816 respondents across 26 countries—more than half (53%) of midmarket companies suffered a security breach in 2018.
Read the full article here.