Cybersecurity for SMBs: Why Current Solutions Fall Short and What’s Next
In today’s fast-paced digital world, the threats to your business are more real than ever. Cyberattacks are no longer a distant threat confined to large corporations - SMBs are now squarely in the crosshairs. They are struggling to keep up with the pace of these growing threats, and it’s clear that the current solutions aren’t enough.
We see your challenges, and we understand the frustration of dealing with complex, fragmented security tools. That’s why we’ve been working to find a solution that directly addresses these problems - a simple and effective way to protect your business.
Did you know that 1 in 10 small businesses report at least one cyberattack every year? As the digital landscape continues to evolve, the threat of cyberattacks is growing faster than ever before. And SMBs are feeling the impact more than anyone. If you think your business isn’t a target, think again.
Cybersecurity isn’t on the rise—It’s here
The frequency and sophistication of cyberattacks are growing at an alarming rate. On average, 2,200 cyberattacks occur globally every day, targeting businesses of all sizes. For SMBs, the threats are especially concerning as they increasingly find themselves in the crosshairs.
- 94% of SMBs have experienced at least one cybersecurity attack, and 50% report a website breach during 12 months and more.
- 40% of SMBs are now facing a broader range of attacks more frequently, with many businesses seeing threats multiply in recent months.
The types of attacks are also evolving rapidly:
- Malware: Infecting websites and networks, malware is one of the most common threats, disrupting business operations, stealing sensitive data, and even demanding ransom.
- DDoS Attacks: Distributed Denial of Service (DDoS) attacks flood servers with traffic, rendering websites and services inaccessible. These attacks have grown more frequent and powerful, capable of taking down websites for hours or even days.
- OWASP Top 10 Vulnerabilities: Many SMBs unknowingly leave their websites vulnerable to common web application attacks identified by the Open Web Application Security Project (OWASP), including SQL injections, cross-site scripting (XSS), and broken authentication methods.
These threats are becoming more sophisticated and harder to detect, with cybercriminals employing automated tools to launch attacks at scale.
The cost of complacency
Cyberattacks on SMBs don’t just cause minor disruptions. They bring severe financial losses, legal ramifications, and, often, irreparable damage to reputations. In fact, 60% of small businesses close their doors within six months of a major cyberattack. The consequences of inaction are staggering:
- Revenue loss: Prolonged downtime, data breaches, and lost business opportunities lead to immediate and long-term financial strain.
- Legal risks: Non-compliance with regulations like GDPR and PCI-DSS can result in hefty fines and lawsuits.
- Customer trust: A single breach can erode customer confidence, resulting in lost clients and a damaged brand image.
Why are SMBs prime targets
Cybercriminals know SMBs are vulnerable. Here’s why:
- Limited resources: SMBs often lack dedicated cybersecurity teams, relying on small IT departments or external contractors.
- Budget constraints: Investing in enterprise-level security solutions isn’t always feasible, leaving gaps that hackers can easily exploit.
- Deprioritised security: With day-to-day business challenges taking priority, cybersecurity often falls by the wayside, making SMBs more susceptible to attacks.
Existing solutions: Too complex, too costly
While various cybersecurity tools are available, many SMBs find them too costly, too complex, or too fragmented. Instead of an integrated, straightforward solution, they’re left piecing together multiple products, which still leaves room for vulnerabilities. This is where we saw a clear gap in the market - a need for a solution that’s not just powerful but also practical for businesses with limited time and resources.
A better way is coming: Bridging the gap
That’s why we’ve partnered with the leading security provider Nusec to bring you EuroDNS Web Security Suite - a solution that bridges the gap between the high-level protection SMBs need and the ease of use they deserve. This isn’t just another security tool; it’s a comprehensive, integrated platform designed to simplify web security while providing robust defense against today’s most sophisticated threats.
Our Web Security Suite will offer:
- Content Delivery Network (CDN) to boost website speed and security.
- Malware Scanning & Removal to catch and eliminate threats before they cause damage.
- Web Application Firewall (WAF) for real-time protection against hackers.
- Automated Backups to ensure your data is safe and easily recoverable.
Scalable as your business grows, our solution is designed to evolve alongside your needs, providing continuous, hassle-free protection.
Mark your calendar
The EuroDNS Web Security Suite is launching on October 29, 2024!
Cyber threats are increasing, and SMBs are prime targets. But you don’t have to face them alone. The EuroDNS Web Security Suite is launching soon, offering a simplified, all-in-one security solution built to protect your business without the complexity.
SMBs are at risk... Are you ready to bridge the gap?
