The UK Small Business Cybersecurity Network | Helping Keep Small Business CYBERSafe! » CYBER INSIGHTS: Thursday 06 February 2025 – Today’s SME Cybersecurity News & Intel

CYBER INSIGHTS: Thursday 06 February 2025 – Today’s SME Cybersecurity News & Intel

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Helping Keep Small Business CYBERSafe!
Gibraltar: Thursday 06 February 2025 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 #CyberSecurity #CyberAwareness #CyberSafe #SME #SmallBusiness

1). CYBER THREAT INTEL:  Ransomware 2024: The Threat to Small Businesses & How to Stay Protected Ramifications for Small Businesses: Small businesses are especially vulnerable due to limited IT budgets and resources. A successful attack can lead to financial loss, reputational damage, and operational downtime. The rising ransom demands and sophisticated tactics put immense pressure on small businesses to act proactively. Ransomware is an evolving threat, but with proactive measures and a robust response plan, small businesses can mitigate risks and minimize impact. The UK government strongly encourages all victims, and those engaging with victims, to report ransomware incidents to Action Fraud  and NCSC

2). CYBER RESILIENCE: UK Cyber Sector Powers Small Business Growth and Career Opportunities The UK’s thriving Cyber sector is a remarkable success story, contributing over £11 billion annually to the economy. To further enhance the nation’s Cyber resilience, new initiatives aim to address skill gaps and meet the growing demand for expertise. These projects, first unveiled at a global cyber security meeting hosted by the UK in September, will empower individuals across the country with the skills needed for lucrative careers in cybersecurity. By strengthening the security of technology and digital services, they play a vital role in safeguarding the economy. Delivered through partnerships involving universities, community groups, and businesses …

3). WHAT IS RANSOMWARE & Is Your SME Vulnerable to Ransomware Attacks? – CyberKPI: Ransomware uses encryption to hold a victim’s information at a ransom, rendering it inaccessible until the attacker receives a payment. The malware used by the attackers now employ double-extortion and triple-extortion tactics. For instance, Cybercriminals not only encrypt the victim’s data but also steal it, threatening to leak it if the ransom is not paid. Companies that fail to adequately protect customer data may also face legal consequences, including potential lawsuits. Victims of Ransomware may be required to notify affected individuals if their personal data has been compromised, further complicating the aftermath of an attack …

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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  #Compliance #DDoS #Fraud #Ransomware #ScamAlert #SME #SmallBusiness #SmallBusinessOwner #ThreatIntel

 

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