Small Businesses Faces Cyber Security Threats

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SMALL BUSINESSES FACES CYBER SECURITY THREATS
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KEY CONCEPTS
Discussion Ransomware attacks Phishing attacks
App Frauds Weak Passwords DDoS Attacks The
Final Threat Conclusion
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RANSOMWARE ATTACKS
Ransomware attacks are the most common cyber
attacks and they are constantly on the rise. By
the end of this year, the total hit caused by
ransomware attacks will reach 11.5 billion. It
is predicted that there will be a new ransomware
attack every 14 seconds.
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PHISHING ATTACKS

• According to a recent report, there are around
  400 phishing attacks every day, and nearly 30
  percent of them are successful. Small businesses
  make for the majority of the victims. By that
  calculation, a business is likely to receive
  around nine malicious emails in a month.

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APP FRAUDS
There are millions of apps on the app stores and
not all of them are as secure as you believe.
When installed, these apps can access a lot of
personal data. Attackers create a fraudulent app
to breach the network through mobile phones
connected to the network.
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WEAK PASSWORDS
It is sad that many small businesses still rely
on old-school authentication method. No wonder 1
in every 5 puts a business at risk due to a weak
password. This means a large majority of small
businesses face this threat just because they do
not encourage their employees to have a stronger
password.
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DDOS ATTACKS
Many small businesses perceive DDoS as a thing
of the internets past but they are still
common. In fact, the frequency of DDoS attacks
doubled in 2017 and continues to grow in 2018.
20 percent of the victims were small businesses.
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THE FINAL THREAT

• The final and the most dangerous threat for your
  business is the lack of awareness. Businesses,
  no matter how small,
• require cybersecurity awareness on every level.
  Each and employee must be trained for
  responsible use of the
• internet. They should be able to identify threats
  hidden in emails and any software they install
  on their devices.

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CONCLUSION
Cyber security threats are real and they are
riskier for small businesses. Your business may
be just a click away from absolute destruction.
The first step towards improving your cyber
security is to understand the nature of threats
your business is exposed. Invest in proper
employee training and rely on professionals to
protect your business against all the
aforementioned threats.
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Contact details
Reason Cybersecurity Ltd. www.reasonsecurity.com
info_at_reasonsecurity.com
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THANK YOU!!