SMBs under threat from hacker attacks

Monday 19 November 2012

Small and medium-sized businesses (SMBs) are increasingly becoming the target of hackers, one IT expert has claimed.

lan Woodward, visiting professor at the University of Surrey's department of computing, said even the smallest company can have data with a monetary value to cybercriminals.

He told the BBC that online fraudsters are seeking to take advantage of credit card details, customers' names and addresses, or the designs vital to innovative start-up companies.

Mr Woodward said SMBs often fail to realise they are under threat - believing that only large businesses are likely to be targeted by hackers.

However, he claimed this is a dangerous mistake to make.

"There is mounting evidence that small businesses could be our Achilles heel when it comes to cyber-security," Mr Woodward added.

"And, it is these small businesses which are the foundations upon which our economy rests: destabilise them and everything else comes crashing down."

The expert claimed that almost two-thirds of SMBs have been targeted over the past 12 months.

"It's not entirely surprising that small businesses are quite so poorly defended," Mr Woodward stated.

"Someone running a small business is not necessarily going to have security as their main priority."

Posted by Alex Boardman