Cybersecurity Chaos: Why Small Businesses Are the Prime Target for Cybercriminals in 2023

In 2023, 75% of cyber incident response cases handled by Sophos Incident Response service were for small businesses. This highlights the crucial need for businesses to invest wisely in their cybersecurity. As the cybercrime ecosystem evolves, organizations must adopt advanced, multifaceted defense strategies to stay…

Hot Take:

Small businesses are the new playground for cybercriminals, and it seems the ‘mom-and-pop’ shops are now front and center in the cyber war. Who knew running a bakery would require a firewall stronger than your sourdough starter?

Key Points:

  • 75% of cyber incidents in 2023 targeted small businesses.
  • Cybercrime-as-a-service is lowering the entry barrier for cybercriminals.
  • Automation and ‘as-a-service’ models are making cyberattacks more efficient and widespread.
  • Actionable threat analysis is essential for predicting and preventing cyberattacks.
  • Managed Detection and Response (MDR) solutions are becoming critical for businesses.

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