Data breaches that compromise hundreds of thousands — or millions — of records tend to grab the most headlines, but small- and medium-sized businesses (SMBs) are far from immune to cyberattacks.

SMB security is full of holes, and these vulnerabilities are often the most damaging, according to recent research. For example, Verizon’s “2018 Data Breach Investigations Report” found that about 58 percent of all data breaches target small businesses. In addition, 60 percent of SMBs hit with a data breach close within six months, according to Switchfast Technologies, even though more than half of all small business leaders don’t believe they’re targets.

Small Businesses Are Easy Targets

“Think your business is too small to be targeted by a hacker? Think again,” said Chris Stoneff, vice president of security solutions at secure remote access provider Bomgar. “If your business handles any financial information or valuable data about your customers, then guess what? You’re a target for cyberattacks.” Read more.