First, When compared with worldwide, conglomerates and powerful corporations like Target and Walmart, it can seem ridiculous for a small business to even be on a hacker’s radar. However, in today’s modern world, a cash-driven economy is becoming a cashless economy, where an increasing amount of transactions occur entirely online. Hackers will follow where the money goes, no matter how big or small. If you work with online money in any capacity, you are at risk of being hacked.
Secondly, and perhaps more importantly, most start-ups have a lengthy database of client and customer information. Hackers highly desire These databases, and they can be a gateway to assist them in hacking your client’s credit cards, online profiles, and more. If you work with any larger companies, no matter how small you are, all of your vulnerabilities are also transferred to the big companies as well, putting your partnerships at risk. For example, in 2013, Target was infamously hacked, and thousands of data about credit cards are stolen. This did not occur due to a vulnerability in Target’s system, but rather a smaller third-party who worked with them. The hackers were able to use the small company as a “back-door”, or a secondary way to get into the system, and put malware into Target’s software.
In short, hacking is happening globally every second, and most large companies have the funds and resources to ensure they are fully protected. Thus, hackers will look for businesses who do not have those same resources, which is almost always the smaller companies who feel as though they have to put their priorities elsewhere.
In recent years, the vulnerabilities of any business are increasing ten-fold due to innovations in mobile technology and web applications. Mobile phones travel everywhere your employees go – and that usually includes leaving the office and logging on to unsecured servers. However, mobile access and web apps are an essential aspect of most start-ups, as they are affordable, efficient, and popular. As such, if security measures are not taken, this could be the weak link in your business that leads to it being hacked.
Most small businesses prefer to use cloud services to store their data and the multitude of other purposes it can supply. Cloud services are convenient and affordable, which is making them increasingly popular. However, their popularity has also attracted the attention of hackers, which makes it another cause for concern. While cloud services can and should must be used, care should be taken on how the services operate and how secure (or insecure) they will make your business.