When it comes to small businesses, there are many cybersecurity risks that you may face. One of the biggest risks is simply ransomware attacks as these attacks encrypt your company's data and hold it hostage until a ransom is paid to the hacker. Almost half of all malicious email attachments are Microsoft Office files and the average cost for a business is over 100,000 dollars. Another popular cyber threat is phishing scams that trick a user into providing personal and private information by disguising an email to be from a trusted source.

Key Takeaways:

  • Both large corporations and small businesses have to deal with cyber attacks that have increased since the pandemic.
  • Cybercrime actually increased by 600% due to the pandemic and one major attack happened on Twitter.
  • Some of the accounts that were compromised during this attack were Elon Musk and former President Barack Obama.

“Cybersecurity is a growing issue for businesses globally, as more and more attacks are being carried out by criminals who are targeting businesses for their valuable information, which can then be sold on the black market.”

Read more: https://www.forbes.com/sites/forbestechcouncil/2022/05/09/the-top-six-cybersecurity-risks-facing-your-small-business/?sh=407ab92d59e4

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