Much of the recent focus on Cyber Security has been on high profile, often household named groups. Given this, we wanted to highlight the importance of Cyber Security for SMEs. Most larger groups now have their own dedicated cyber security teams and not surprisingly those looking to exploit or otherwise damage look for their weakest link. This can often be an SME linked to a larger group who unknowingly do not realise they have information that is potentially valuable to a cyber attacker.
A breach for an SME can be far more devastating as the fines and reputational damage could result in the business not recovering. SME’s should now be looking at the benefits that cyber security can bring to their business. Many commercial contracts now stipulate that companies should be Cyber Essentials or ISO27001 certified. Putting these certifications in place can open further revenue streams and provide good governance to help protect a growing business.