In today’s digital age, protecting your Arlington, TX business from cyber attacks is more important than ever. Cyber threats are constantly evolving, and millions of cyberattacks are occurring every year. In this post, Rickey McGill Insurance Agency will explain how to protect yourself, your customers, and your company from potential cyber threats.

How Many Cyber Attacks Target Small Businesses?

Small businesses are attractive targets for cybercriminals due to the lack of cybersecurity measures in place. Verizon’s 2021 Data Breach Investigations Report reveals that a shocking 46% of cyber breaches target businesses with less than 1,000 employees. This figure has been steadily increasing in the past few years. A report published in 2021 shows that small businesses have become prime targets for hackers and cybercriminals, with 42% of businesses being affected by cyberattacks last year.

Why Are Small Businesses Vulnerable to Cyber Attacks?

Cybercriminals can easily manipulate small businesses, as they often do not take cybersecurity seriously. Additionally, these organizations cannot say no to ransomware attacks because they do not have a backup system to recover data if they are attacked. Human error is the leading cause of data breaches at small businesses, with compromised credentials being the most common way cybercriminals initially attack a company’s data.

Implementing Good Cybersecurity Practices

Small businesses should take a proactive approach to cyber security to protect their information, networks, and systems. Establishing good cyber security practices such as using strong passwords, regularly updating software and applications, and training employees on safe online behaviors is important.

Additionally, small businesses should consider investing in cyber insurance to protect against the financial losses associated with a cyber-attack or data breach. Cyber insurance can help cover the costs of notifying customers, investigating the incident, recovering lost data, and restoring systems.

Rickey McGill Insurance Agency in Arlington, TX is a premier provider of cyber insurance services. We understand the unique needs of our clients and strive to provide comprehensive protection from cyber threats. Reach out to us today to learn more!