SMBs are attractive targets to cybercriminals because they typically have smaller cybersecurity budgets and may lack an internal security team dedicated to timely discovering and responding to cyberattacks. Critically, these organizations may also lack resources to train their employees to identify preventable breaches like phishing campaigns.
The Cisco Report
Late last year, Cisco published a special cybersecurity report (Cisco’s SMB Cybersecurity Report)(Report) focused how cyberattacks affect SMBs. The Report includes 1,816 survey respondents from 26 countries.
When surveyed, respondents listed these as the most concerning threats.
- Targeted employee attacks (BEC and phishing)
- Advanced persistent threats (new malware)