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Cybersecurity for SMBs - The next frontier?

SMBs play a critical role in national economies- as they comprise about 97% of all commercial enterprises. Until very recently SMBs did not consider themselves a prime target of cyber threats and rightly so- all the high-profile hacks were aimed at large enterprise, and it was widely assumed that cybercriminals wouldn’t bother with small stake targets. But, as the economy becomes more connected SMB are taking center stage in cyber activities as well. As SMBs are connected to both customers and larger enterprises and governmental organizations, they now become a compelling target for cybercriminals. In addition, low cost, mass production cyber weapons now make it economically feasible for cyber criminals to successfully target SMBs and even individuals. Of these, Ransomware has one of the highest return-on-investments ratio for criminals, regardless of the victim’s occupation or annual turnover.

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