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Ransomware is a type of cybercrime that has exploded in popularity and impact over the last decade. No business owner wants their system infected with malware of any kind, but a ransomware attack can leave an owner feeling particularly powerless—and facing costs that could devastate a small business. Here’s what you need to know about ransomware attacks. 

If you’re a small or medium-sized business (SMB) owner, you know you have to balance the need to increase employee productivity without increasing your business’ exposure to threats from online criminals. To gain a competitive edge you’re likely to adopt new technologies like IoT devices - tablets, smartphones, POS systems, security cameras, speakers. However, the more heavily you rely on these technologies, the more you’re exposing your business to cybersecurity threats.

Various small businesses - like retail shops, restaurants, financial services, hair salons, coffee shops, or construction companies - are prime targets for cyberattacks. They might have a few employees who function as an unofficial IT department, but when it comes to protecting the business from cybercrime, they often act reactively rather than proactively.

Short on time and money, it can be hard to navigate and evaluate the many cybersecurity offerings out there. Determining this is critical, however, as a cybersecurity breach can result in more than a financial loss—it can hurt your company's reputation and weaken customer trust.