Cyber Criminals Stage Large Attacks on Small Businesses

BBB of Greater Maryland is educating businesses that cyberattacks can happen to them, no matter how small or large. In fact, 60% of all cyberattacks happen to small businesses, affecting 1 in 4 small businesses each year. Read how a cyberattack cost one Maryland small business nearly $10,000 and weeks of man-hours then learn what you can do to protect yourself now.
September 13, 2017

In the online war against hackers, everyone has something to lose.

Target had to pay $10 million dollars to victims after suffering one of the biggest corporate cyberattacks that leaked customer financial data in 2013. Even a small, non-profit cancer service center in Indiana had their servers held for $43,000 ransom.

What is your business risking online?

Better Business Bureau of Greater Maryland is dedicated to making your business aware of the danger that lies online. Cyberattacks are targeting businesses everywhere, making no business—regardless of size—safe online.

Myth: Only Big Businesses Get Attacked
There is a common misconception that only big companies, such as Sony or Target, fall victim to hackers. The truth is, about 60% of all cyberattacks happen to small businesses. Hackers attack 1 in 4 small businesses each year. Why? Because they’re an easy target.

Many small businesses trust that a basic antivirus software will protect them from hackers. Instead of proactively investing in a high-quality cybersecurity system, they end up paying to fix their systems after an attack.

How One Baltimore-Area Business Got Its “Wake-Up Call”
Diane Devaney, founder and president of Devaney & Associates, a 14-person advertising, marketing, and PR firm in Owings Mills, shares this message from her own experience with a cyberattack:

“A virus can hit anyone and it happens so easily. We thought we were protected. We had an antivirus software, but a ransomware virus still got in. We have a dual environment in which half of our office operates on Macs with a Mac server and the other half on PCs with a PC server. The virus attacked our PC server and all of the PCs.

“We’re a small business, so a shut-down of that level is serious. We couldn’t access any of the PCs, so half of our employees couldn’t work. The number of work hours we lost was substantial; it took about a month to fully eradicate it and we had to pay our IT company about $10,000 to get rid of the virus.

“We’re the prime example that nobody is safe from a virus. They can attack any business, regardless of size. It was a wake-up call for us.”

What You Can Do to Protect Yourself
If you need help protecting your business, contact BBB of Greater Maryland to learn about resources and tools you can use. Plus, don’t forget to visit our Cyber Day Marketplace event on October 10th for a half-day of cyber education, vendor exhibits and networking designed for businesses like yours.