Chamber Chat with Premier Business Care – Chamber Ambassador

February 23, 2017 - 9:00am

Chamber Chat with Premier Business Care – Chamber Ambassador

Cybercrime - What Small Businesses Need to Know


Every week there are news headlines about security breaches. In 2016, some of the world’s largest organisations were hoodwinked by hackers who made light work of hacking some of the world’s most intelligent computer systems.

With most small businesses’ online security systems paling in comparison, it begs the question: how do small organisations protect themselves from cybercrime?

Premier BusinessCare turned to some of the sector’s leading experts to understand what to watch out for and how to protect your business.

1. Ransomware

Ransomware is one of the more common cybercrimes. It is malicious software designed to block access to a computer system until a sum of money is paid.

2. Spear-phishing

Have you ever received an email from what seems like a trusted source who has asked you to download an attachment, or click a link? If so, it is possible the sender could have been a cyber-criminal attempting to infect your computer with malware. Dr Jessica Barker, owner of cyber.uk, explains:
“These emails look like they come from a legitimate source, for example a trusted institution, colleague or friend. They are tailored to the recipient and some appear very convincing and sophisticated”.

So what can small businesses do?

Daniel Driver, Head of Perception Cyber Security at Chemring Technology Solutions, thinks small businesses should begin by “training staff not to fall for phishing schemes.” He says:

“Combined with some basic IT policies, such as restricting access to certain data to only those that need it, and not using USB sticks (hackers drop infected sticks in public places for unsuspecting, helpful or just curious people to pick up), will save most businesses from the majority of common attacks. You can get away with not resorting to multi-million-pound firewalls so long as you make sure you have the ability to carry out some network security basics”.

According to Stephen Wright of the Cyber Skills Centre, training should extend to knowing what to do if the worst happens. “Don’t forget to be prepared for a breach. Know who to call, how to reassure your customers and your staff, and how to get back on your feet swiftly.”

With cybercrime now becoming more targeted, increasing numbers of SMEs in the UK are investing in cyber liability insurance to protect their exposures.

To read the full article, click HERE