Many businesses faced significant security challenges in 2018, and as the year wraps up, experts predict that threats will continue to develop and grow. According to a report by Ponemon Institute, data breaches have resulted in some worrying figures in terms of financial impact on the corporate world.
For cybercriminals, no business is too small to target. Sadly, many small- and medium-sized business (SMBs) owners still have the mindset that only large organizations could get attacked. They assume they’re safe since they’re small players, and it’s this very mentality that makes their business ripe for the picking.
For many years, small and medium businesses (SMBs) were unlikely targets for sophisticated cyberattacks. But contrary to popular belief, this has changed dramatically in the past few years as SMBs become more reliant on IT systems while still suffering from weak security and encryption, and lack of security knowledge and best practices.
The media is always quick to highlight devastating data breaches when they hit big companies, but smaller organizations aren’t spared and are often considered the best targets. Sadly, small businesses often don’t have adequate security controls in place to protect themselves, leaving them more vulnerable than consumers.
From the factory floor to the shop window, Connecticut manufacturers are starting to recognize the advantages of cutting-edge technologies, such as Internet of Things (IoT) devices and automation driven software by machine learning. Businesses in our state have the luxury of easy access to tech talent, as its one of the best places in the nation to find IT expertise.