The Security Threats Affecting Smes Essay

1910 Words Oct 20th, 2016 8 Pages
So, what are the main security threats affecting SMEs and what defences could be put in place to eliminate or minimise these threats?
First we need to ask if there is a problem regarding security against SMEs and if so how large is this problem?
Looking at the BIS ISBS 2015 we can clearly see a worrying increase in breaches when compared to the slight decrease that was reported in the surveys report of 2014. 74% of small businesses reported a breach in 2015 up from 60% a year ago. (BIS, 2015)
Of these breaches reported the average cost of a small business breach is also up from last year from £65,000 - £115,000 to £75,000 - £311,000. So not only is the frequency of breaches up, so is the average financial impact.
So we’re aware that there is a problem however, what specifically are the main threats impacting SMEs?
Malware or viruses taking the top spot at 63% of small business respondents reporting they had been impacted in some shape or form, worryingly up 18% from the previous year. (BIS, 2015)
Number two was any form of attack by an unauthorised outsider at 35%, excluding hacking attempts, again staying true to the trend up 2% from last year.
Three, other incidents caused by staff at 27% up from 22% and four, theft or fraud involving computers at 6% down from 10% notably the only category that has been consistently on the down trend from 16 to 10 to 6%.
So now the four main impacts have been identified what can be done to combat the risk?
If we look at how respondents…

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