Top 5 Popular Misconceptions about Cybersecurity of Small and Medium-sized Businesses

Top 5 Cybersecurity Misconceptions - Berezha Security Group

Top 5 Popular Misconceptions about Cybersecurity of Small and Medium-sized Businesses

In the ever-evolving threat landscape that we live with, data breaches, hacks, and cyberattacks, knowing what is real and misconceptions are crucial.

Despite the increased focus on securing the business, discussions about some cybersecurity topics take place, as many are still controversial.

These myths can lead small businesses to make dangerous decisions about securing their data, leaving them open to attack. To deal with these common misconceptions in a small business, it is essential to know them first.

Myth 1: Small and medium business is too small and unimportant to be a target

No one cares about how large or how small your business is. Attackers hack you first and think about how to monetize it later.

Myth 2: Anti-virus software products protect the business and keep it safe

They aren’t, as any other “silver bullet” technology that was hyped throughout the history of computer technology, such as firewalls, DLP, end-point protection, sandboxes, etc.

As a great quote from the hacking history book “The Cult of the Dead Cow” goes: “Antivirus is better than nothing.”

Myth 3: Cloud services are secure. Or cloud services are insecure.

Both these statements are incorrect. There is a shared trust model in the cloud that every business must understand. 

You are responsible for the security “in the cloud,” while a good cloud provider is responsible for the security “of the cloud.”

Cybersecurity misconceptions

Shared Responsibility model for cloud security

Myth 4: Cybersecurity is too expensive and not cost-effective

It is simply false; refer to our webinar on Return on Security Investment theme. It is all connected: your business value and your security effort. If you do small business, your stakes are relatively low, as is your cybersecurity investment. If you grow your business, your stakes go higher, as do your risks, as should do your cybersecurity investment. The effectiveness of your security spending is a matter of both what you do and how you do it.

Myth 5: IT department is responsible for cybersecurity matters 

It is false. Understanding cybersecurity is essential for modern IT professionals and business units. If you do small business, your stakes are relatively low, as is your cybersecurity investment. If you grow your business, your stakes go higher as a cybersecurity investment does. The effectiveness of your security spending is a matter of both what you do and how you do it.

Business leaders should remember that all their employees are responsible for the safety of a business. Building cybersecurity awareness among employees and business leaders should be your goal.

Summary

Remember the John T. Chambers statement that total cybersecurity is not an achievable goal. New threats are constantly emerging, and every business and individual should do as much as they can to keep their data secure. They must regularly monitor systems, conduct audits, do backups, updates, and pentest security on existing vulnerabilities before attackers could exploit them.

Every employee must be involved with cybersecurity efforts and always keep it in mind when dealing with work-related matters. Cybersecurity is an ideal that requires constant efforts and should always be a default priority for any business.

Email us at [email protected] if you need professional security advice or have more questions and suggestions. 

Stay safe.

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