Reports of global cyber-attacks resulting in financial losses running into the Billions, theft of intellectual property, and wide-scale disclosure of sensitive customer information have spiked in recent years. The groups responsible for these high-profile attacks are well organised, hackers who have been resident inside IT infrastructures before for months or even years before being detected. Despite this, only 12% of organizations consider themselves likely to detect a sophisticated attack.
The situation gets even worse in the case of small and medium-size enterprises (SMEs). 77% of cybercrime targets SMEs, either don’t have access to advanced cybersecurity services or can’t afford to buy them. As a result, SMEs have outdated security (attackers bypassed multiple layers of security in 96% of SME deployments in a real-world study), and are easy targets for a cyber attack. SME's are used by adversaries as a preferred route for attacks on larger enterprises, and governments.
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