Small and medium-sized enterprises (SMEs) often make the assumption that they are less likely to be targeted by cybercriminals due to their size, leading them to overlook the importance of network security. However, the reality is quite the opposite. Recent data from the Verizon Data Breach Investigation report revealed that in 2021, a staggering61% of SMEs experienced a cyberattack. Criminals tend to target SMEs precisely because they typically have fewer resources and devote less time to securing their networks, making them more vulnerable to exploitation.
The repercussions of a cyberattack on an SME can be devastating, often more so than for larger organisations, primarily due to the lack of resources available to deal with the aftermath. 75% of small businesses agree they don't have the personnel to address IT security. A successful attack resulting in data loss or service disruption can lead to significant financial losses and severe damage to the company's reputation. Moreover, if sensitive data is compromised, businesses are at risk of regulatory fines and legal action.
As SMEs increasingly rely on technology to run their operations, a single cyberattack can bring their entire business to a halt. Cloud-based services, mobile devices, and the Internet of Things (IoT) have become integral to managing systems and connecting with customers. However, these advancements also expose SMEs to a wider range of security threats, such as malware, phishing, and ransomware.
The 2021 Verizon Data Breach Investigation report highlights that ransomware is the most common form of attack on SMEs. To safeguard against ransomware and other cyber threats, SMEs must implement robust security measures. Additionally, it is crucial to train employees on the risks of cybersecurity attacks, phishing emails and educate them on how to protect their systems effectively.
At Orixcom, we possess extensive experience in the Middle East and specialise in protecting and managing digital security for our clients. We understand the unique needs of SMEs and offer a wide range of services and tools tailored specifically for their requirements. Our solutions include Cisco Umbrella, Cisco Duo and Cisco Secure Email, all of which are ideal solutions for SMEs. What sets us apart is that all of our cybersecurity solutions can be conveniently ordered online, making the process simple, quick and easy. Moreover, most of our solutions also come with free trials, allowing you to try them out before making a commitment. We offer both monthly and annual plans for all our products and by choosing an annual plan, you can benefit from a 10% - 15% discount depending on which solution you select.
By opting for our managed service, you can entrust the responsibility of managing your cybersecurity to a team of trusted experts. Our dedicated professionals will ensure a robust, secure and reliable environment for your business, available 24/7. This way, you can focus on your core business operations without worrying about cybersecurity risks.
Remember, the size of your business does not determine the likelihood of a cybercrime. Even the smallest businesses are vulnerable to criminal activity if they are not adequately protected. Take the first step towards safeguarding your business today by requesting a demo from Orixcom. Let us create a tailor-made security solution that addresses your specific needs.