The UK Small Business Cybersecurity Network | Helping Keep Small Business CYBERSafe! » CYBER INSIGHTS: Wednesday 19 March 2025 – Today’s SME Cybersecurity News & Intel

CYBER INSIGHTS: Wednesday 19 March 2025 – Today’s SME Cybersecurity News & Intel

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Helping Keep Small Business CYBERSafe!
Gibraltar: Wednesday 19 March 2025 at 07:00 CET

CYBER INSIGHTS: Welcome to Today’s Edition of CYBERInsights – The Roundup of Today´s UK Small Business Cybersecurity Best Practice & Advice …
Written & Curated By Iain Fraser – Cybersecurity Journalist
CYBERInsightsThe UK Small Business Cybersecurity Network
#CyberInsights #CyberSecurity #CyberAwareness #CyberSafe #SME #SmallBusiness

1). DATA LOSS: Data Under Siege – Understanding the Impact of Ransomware on Modern Businesses Ransomware isn’t just an IT issue; it’s a business crisis. According to industry reports, Ransomware attacks surged by over 150% in the last two years, with Small Businesses being prime targets due to limited Cybersecurity defenses. Attackers use phishing emails, software vulnerabilities, and weak credentials to infiltrate systems, encrypting essential data and demanding payment in cryptocurrency. For Small Businesses, the financial and reputational consequences of ransomware can be devastating. Studies show that 60% of small companies shut down within six months of a Cyberattack, primarily due to the high cost of downtime and lost business …

2). LATEST THREAT INTEL: Lawyers in the cross-hairs as Cybercriminals identify them as prime targets.  Law firms are increasingly becoming prime targets for cyber-attacks. Given their role in handling large sums of client money, confidential data, and privileged communications, they present a lucrative opportunity for cybercriminals. The risks are escalating, and without strong cybersecurity measures, law firms could face devastating financial and reputational consequences, according to Global Insurance Group Howden Why Are Law Firms Targeted? Cybercriminals are drawn to law firms due to the trust they command and the sensitive information they manage …

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