CYBER Insights » CYBER INSIGHTS: Tuesday 03 December 2024 – Today’s SME Cybersecurity News & Intel

CYBER INSIGHTS: Tuesday 03 December 2024 – Today’s SME Cybersecurity News & Intel

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Helping Keep Small Business CYBERSafe!
Gibraltar: Tuesday 03 December 2024 at 07:00 CET

CYBER INSIGHTS: Welcome to Today’s Edition of CYBERInsights
The Roundup of Today´s UK Small Business Cybersecurity News
& Intel …

Written & Curated By Iain Fraser – Cybersecurity Journalist
CYBERInsightsFirst for SME Cybersecurity News
#CyberInsights #CyberSecurityAwareness #CyberThreatIntel #SMECybersecurity

1). BEST PRACTICE: PASSWORD MANAGEMENT – Essential Password Management Solutions for Small Businesses in 2025. Password managers have become essential. With Cybercrime at an all-time high, criminals are increasingly exploiting weak passwords to steal personal data and access financial accounts. A reliable password manager enables you to create and store highly secure passwords, easily accessible and synced across all your devices. However, choosing the right password manager can be challenging, as it depends on your specific needs and budget. To help you decide we’ve compiled a Top 5 of recommended providers for 2025. To help in the selection the password manager for your needs we have re-researched and produced our Top 5 Password Managers for 2025

2). NEW TECHNOLOGIES: REPAIR SHOP BACK BT IN SMALL BUSINESS REASEARCH – Popular BBC TV craftsman Will Kirk has teamed up with BT to encourage UK’s much-loved heritage businesses to go digital – as new research from the communications giant, shows two in three small firms (67%) say technology is keeping their traditions alive. The BT study shows that the UK’s Small Business community has been investing in technology this year, with most seizing the opportunity to boost their networks and digital tools in 2024. Four in five small firms (78%) say they have introduced new technology in the last 12 months. The top investment was a new website (50%), followed by increased cybersecurity (48%) and social media (45%). Two in five (40%) describe their small business as being a tech company, or one driven by advanced technology such as AI, Robotics, or Data Analytics.

3). WHAT IS CYBER INSURANCE – Cyber Insurance: Essential Shield for Small Businesses in the UK and EU – CyberKPI: Cyber insurance serves as a critical financial safety measure for Small Businesses in the UK and EU, aimed at mitigating the financial risks stemming from cyberattacks and data breaches. With the rapid digitisation of business processes, the global Cyber Insurance market is projected to grow significantly, driven by heightened awareness of cyber threats and the necessity for regulatory compliance. This is particularly relevant for small businesses, as 87% of decision-makers express concerns about their inadequate protection against cyber risks.

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Image Credit: IfOnlyCommunications | Cybersecurity Journalist, Cyber Insights, SME Cybersecurity News,
Image Credit: IfOnlyCommunications
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CYBER Insights – Helping Keep Small Business CYBERSafe! 

Launched in 2020 by Cybersecurity Journalist Iain Fraser and his team at IfOnly… CYBERInsights was developed to be the go-to platform providing definitive, reliable & actionable Cybersecurity News, Intel,  Awareness & Training specifically written and curated for Small Business & Enterprise Owners, Partners and Directors throughout the UK. #CyberInsights #CyberSecurity #CyberAttack #CyberAwareness #CyberSecurityAwareness #Compliance #DDoS #Fraud #Ransomware #ScamAlert #SME #SmallBusiness #SmallBusinessOwner #ThreatIntel