When it comes to cybercrime the risks are great, especially for small businesses that are the lifeblood of the global economy.
The statistics, according to the World Economic Foum (WEF) show that 58% of cybercrime targets small businesses, with the global cost of cybercrime standing at $600 billion in 2018.
What many people don’t know, however, is that small businesses are often the easy way into larger enterprises. Attackers will, for example, gain access to the credentials of a small business in the supply chain of a large enterprise as a pathway into the larger company, and the breach will often go unnoticed until after the attack has been carried out.
Read more about how helping small businesses fight cybercrime benefits the global ecosystem.
Tip of the day: The GCA Cybersecurity Toolkit for Small Business enables smaller firms to navigate the confusing array of advice free of charge, to help them shore up their cyber defenses and reduce their cyber risk.
Let’s all work together to fight cybercrime on a global scale!