Over Two-Thirds of Small Businesses Globally Hit by Cyberattacks in Recent Years

A recent study by Kaspersky reveals a worrying trend: more than 70% of small businesses worldwide have been victims of cyberattacks in the last two years. The study highlights that small businesses, particularly those in the META region (Middle East, Turkey, Africa), are vulnerable due to limited cybersecurity resources. In META, the figure rises to 88%, with attacks leading to severe outcomes like data breaches, loss of customer trust, and reputational damage.

 

The study found that weak password practices and the failure to update them regularly are major factors contributing to these security breaches. In response, Kaspersky is emphasizing the importance of robust password policies and the adoption of multi-factor authentication (MFA) to enhance security. Despite the perceived complexity, MFA is crucial for protecting against password theft and unauthorized access.

 

Kaspersky’s Small Office Security solution is designed to meet the specific needs of small businesses, offering comprehensive protection that includes guarding against malware, phishing, and ransomware. The company also stresses the importance of regular password changes and employee cybersecurity training to fortify defenses against cyber threats.