Cybercriminals Target SMBs, But New Technology Helps Fight Them Off

Contrary to popular belief, big companies are not the only favored targets of cybercriminals. SMBs are just as attractive.

The small and midsize business (SMB) market is a target-rich environment for cybercriminals, and the pandemic-spurred surge in remote work has elevated the threat level significantly. Hackers are taking advantage of confusion triggered by the coronavirus, and data breaches almost tripled in the first quarter of 2020.

Despite the danger, only about 15 percent of SMBs have any kind of cybersecurity defense at all. Most small businesses don’t have an IT specialist on staff. “Even if they do, there is a slim chance that person is a qualified cybersecurity expert,” says Jack Blount, president and CEO of INTRUSION, a cybersecurity company.