Business Technology Insights

When you think of the term cyber attack, you probably imagine a hacker sitting at their laptop taking down a huge corporation. While that may be the case in Hollywood movies, cybercrime in the real world is opportunistic. 

That means the majority of cybercriminals actually target small and medium-sized businesses due to their weaker security systems.

Cybersecurity is more important than ever before, with small and medium-sized businesses saving thousands of files, making payments and accessing various software platforms and accounts every single day.

To ensure your business is properly protected from the risks of cybercrime, it’s crucial that your company’s network is able to withstand a range of attacks. 

With small and medium-sized organizations now storing, managing and accessing more data than ever before, cybersecurity is now a crucial component for business success.

In fact, cyber crime has continued to grow over the past few years. According to the Washington Post, estimated global losses from cybercrime are projected to hit just under a record $1 trillion for 2020 - that’s almost double 2018, when a reported $500 billion was lost.

After a three-year warning, Adobe’s Flash Player has finally reached its “end-of-life” date. Adobe officially dropped support for Flash on January 1, 2021, and that means it’s crucial to your IT strategy that you uninstall it from your company's computers right away. 

 By now, you are likely aware of the SolarWinds hack, but why is it significant for the cybersecurity of small and medium-sized businesses and how can we learn from this event?

In this blog, we’re going to take a look at what actually happened in the SolarWinds hack, why it’s a watershed moment for the cybersecurity industry and how small and medium-sized businesses in Ontario can make sure they are taking the appropriate steps to protect their data from hackers.

As breaches and outages increase for companies around the world, and the shift to remote work leads to organizations having data stored in many different locations, data backup is crucial for protecting your businesses’s continuity. 

Small and medium-sized businesses continue to transform the way they do business through advanced technologies, new connectivity options, and improved IT infrastructures that promote productivity and efficiency among their employees.

Small and medium-sized businesses all have one thing in common, they want to grow their company and improve internal operations. In today’s world, that means using new technologies and adapting your IT strategy to access operational efficiencies and new revenue streams. 

Keeping your company secure from online threats is one of the most important strategic IT decisions that small and medium-sized businesses in Ontario can take. That’s because today’s world is increasingly digital.

Your organization’s financial records, customer data, intellectual property and many other pieces of confidential information are all kept across numerous devices on your company’s network. 

As an owner of a small to medium-sized enterprise (SME) it’s easy to completely disregard the need for a cybersecurity solution. Many owners have the mindset that “there’s not much to steal” or that cybercriminals will be too busy focusing on larger businesses.

Unfortunately, this common mistake couldn’t be further from the truth.