How can small businesses protect their assets from becoming collateral damage in a cyberattack?
Large enterprises and international corporations are shining targets for hackers. From industrial espionage to ransomware, data theft is an obvious jackpot for malicious parties.
We pay plenty of attention to enterprise threats and risk management. But we need to speak up about about the risks to the thousands of small companies surrounding the big corporations. This is extremely problematic. Especially considering that many small and mid-sized businesses are now at risk of cyberattack simply by being geographically situated close to a Fortune 500.
Collateral damage usually describes unintentional damage inflicted on an unintended target during war. Today, the phrase has real-world implications outside of physical combat.
The cybersecurity industry defines collateral damage as situations where malicious characters take aim at a big target (i.e. an enterprise), but find it too hard to breach; so they focus on surrounding. smaller companies instead. Ironic, because from an attackers’ perspective, there is no such thing as an unintended target, as all outcomes are an intended opportunity.
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