In today’s wired world, cyber-attacks on businesses are increasingly common and rising steadily. Today’s cyber-attacks have changed radically over the last few years, from those annoying yet nondestructive mischief attacks, to current day attacks that are stealthy, advanced, and targeted. These advanced cyber-attacks more often than not, target small and midsize businesses (SMBs) and are focused on acquiring data with real monetary value. Valuable data such as, sensitive personal information, intellectual property, authentication credentials, insider information can be obtained several ways, a compromised website, infected email, or good old fashioned blunt force hacking. Whatever the method, these cyber breaches can result in losses of hundreds of thousands of dollars or more and can cause incalculable damage to a company’s reputation.
Of course the answer is to STOP all attacks but, even the most technological and well-funded organizations have fallen short of this goal and rely on a valuable backstop.