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3 Things Small Business Owners Need To Do To Protect Themselves Against Ransomware Attacks
The hard truth is that small business owners are the most vulnerable to cybercrimes. This is because they lack the financial ability to have dedicated IT security teams to protect their IT systems.
The CARVER matrix, developed by the military, and used by private and commercial security organizations to identify potential targets, clearly shows that small and medium enterprises (SME) are prime targets for cybercriminals. An acronym, CARVER stands for Critical, Accessible, Recuperability, Vulnerability, Effect, and Recognizability.
Because SMEs are small, they are unable to have an alternate system IT system. This makes the one system critical for operations with low recuperability. Without the budget for training and the use of strong firewalls, the SME IT system is easily accessible to hackers with high vulnerability to compromise. And, as the SME is highly dependent on their sole IT system, any denial of access to information stored in the system will have a serious effect on the viability of the business. In the CARVER matrix, SME have high recognizability through web searches and the purchase of email lists.
