They can strike anyone, anytime, anywhere. Whether they use aphish, a virus or even a Trojan horse malware, cybercriminals aretargeting Fortune 500 companies on Wall Street — but increasinglyeven smaller stores on Main Street.
In fact, the U.S. Small Business Administration claims that smallemployers are becoming an attractive target for cybercriminalsbecause they have valuable customer data, provide access to largernetworks such as supply chains, and often lack the resources orpersonnel to focus on cybersecurity.
Cyberattack response plan a good idea
Despite this trend, new research from Nationwide released during National Cyber Security Awareness Month revealsthat most small-business owners (78 percent) still don't have acyberattack response plan — even though the majority (68 percent)are at least somewhat concerned about a potential cyberattackaffecting their business.
Our survey also found that more than half (54 percent) ofsmall-business owners were victim to at least one type of attack.The top three attacks were a computer virus (37 percent), phishing(20 percent) and a Trojan horse malware (15 percent). Other attacksincluded hacking (11 percent), unauthorized access to customerinformation (7 percent) or company information (7 percent), issuesdue to unpatched software (6 percent), data breach (6 percent) andransomware (4 percent).
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