6 Effective Cybersecurity Strategies for Small Businesses in Canada "Cybersecurity is one of the biggest business challenges of the 21st century. With technology blanketing every corner of our lives, we need to consider cybersecurity an essential life skill. I’m on a mission to arm Canadian small business owners with the strategies they need to defend their business data."
Anne Genge CIPP, CHSP Director of Privacy & Cybersecurity Education Alexio Corporation
Think about it. Just because you have a small business, doesn’t mean that you do not have to worry about cyberattacks. In fact, the small businesses could be more vulnerable to cybercrime because of the lack of needed resources. According to the report by Ponemon Institute on the ‘State of Cybersecurity in Small & Medium Size Businesses in 2019’, 66% of small enterprises said that they have been the targets of cyberattacks in the past year itself. With the increase in the formula of remote work in 2021 due to the pandemic, businesses of all sizes are pretty much susceptible to cyber threats. With employees working on clouds, off the network, and with apps that aren’t sanctioned by your IT staff, the risks of cyberattacks are always high. And these attacks can really damage your system. Most entrepreneurs feel that for the hackers, prominent targets are big businesses and government organizations. However, as much as these options look lucrative, they are exceptionally difficult to target because of their highly secured networks. In reality, the hackers practice their work by attacking the low-hanging fruits at first, i.e., the small businesses. Why? These businesses often represent the best of both worlds. They have the best of data and money, and hence, they are the most potential targets.
83 - CanadianSME I October 2021
