Why Attack The Cloud Because That’s Where The Money Is JM Addington

One of the least talked about issues in SMB cybersecurity is cloud security – and this is as essential, maybe more essential, than endpoint security.

Everyone uses a cloud service today. You can’t have a thriving business without the cloud. So today hackers target the cloud: that’s where the money is. Nearly 10% of our clients came to us after they were victims of a successful attack on their Microsoft 365. Before we came along…

  • One client had attackers in their AR email, sending out fake invoices to clients
  • Another client nearly lost $400,000 in a complex phishing / BEC attack
  • An architectural firm was attacked, and attackers had access to client communications I have a lot more stories. But what do these have in common?

They didn’t have cloud security in place. They had antivirus and Windows Updates, but no one was watching their email and cloud file storage.

Alerts would have mitigated the damage. None of them had a virtual fire alarm in place to call the cybersecurity experts when an attacker was inside their system.

The companies weren’t aware of the danger they were already in. Today, you need to realize that like our clients, you are under attack. You are a target.

  • 46% of all cyber breaches impact businesses with fewer than 1,000 employees.
  • 61% of SMBs were the target of a Cyberattack in 2021.
  • 95% of cybersecurity incidents at SMBs cost between $826 and $653,587.

So what do you do? That’s the content of this site is. You can read more on our articles about security to ensure that your small business is up to date with the latest threats and how you can secure your site and data.

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