And What You Can Do To Prevent It NOW If you own a small business, your business is a target for hackers. According to a report by 4iQ, a cyber security analyst firm, from 2017 to 2019, there was a 424% increase in the number of attacks on small businesses.

If you’re like many businesses today, there’s a good chance you’ve made this one mistake with your IT security: you don’t budget for it. Or if you do budget for it, it’s not enough to really protect your business. Time and time again, business owners decide NOT to invest in IT services.

Cybercriminals are always looking for new ways to steal data and make a buck at the expense of someone they’ve never met. They don’t care if they ruin someone’s life or destroy a business in the process. This is why it’s so important to stay up-to-date with the latest technology.

A lot of businesses wait until something breaks before they fix it. And even then, they may take a “patchwork” approach to fixing the problem. They are reactive rather than proactive. Sometimes taking a reactive approach is fine, but other times, and depending on the circumstances, it can lead to even bigger problems.

Do you use the same password for everything? If you do, you're not alone. We all have bad cyber habits, whether it's reusing passwords or connecting to unsecured WiFi. These habits can make it easy for hackers to steal our personal information and use it for their own purposes - or they can sell it on the dark web for an easy profit.

You might read the headline of this article and think, “That has to be an exaggeration.” Unfortunately, it’s not. Every single day, small businesses are targeted by cybercriminals. These criminals look for vulnerable victims, then attack.