A day that promises to be like everyone else for a small Swiss family business specialized in the importation of artisanal products. But this morning, when the IT manager tried to access the internal network, he discovered a black screen, accompanied by a terrifying message:
Your data has been encrypted. Pay CHF 20,000 in Bitcoins to recover them
This ransomware attack has Paralyzed the activity of this company For several days, resulting in considerable financial loss and tense relations of customers.
This scenario, unfortunately more and more current, illustrates a disturbing phenomenon: SMEs have become the privileged objectives of computer pirates. But why do these structures often modest attack and how can they protect themselves effectively?
Its privileged objectives: SME
Why are SMEs the privileged objectives of computer pirates? In our opinion, For four reasons We detail below.
To simply summarize, the explanation can keep in these few sentences:
First, because SMEs are sufficiently “large” to manage a lot of customer data, sometimes sensitive, but in all cases very precious to the proper operation of their business. Second, SMEs are still “small” enough not to protect themselves as effectively as a large -scale business would. The latter systematically has a dedicated IT department and a much higher level of security.
Of course, we do not say that large companies are invulnerable … but simply less than a VSE or a SME.
1. Limited resources in cybersecurity
Unlike large companies, SMEs rarely have an apartment dedicated to cybersecurity. Often, your computer infrastructure is administered by a single person or by an external supplier, which limits your Ability to detect and prevent threats. Computer pirates, aware of this fragility, see these companies that are easy to exploit.
2. As precious data
Do not be wrong: it is not because a small SME is small that has nothing to offer to cybercriminals. SMEs collect confidential data, such as Customer informationbank contact data or Industrial Secretsthat can be monetized or sold in the dark network.
3. A feeling of invulnerability
Many SMEs mistakenly believe that they are safe from cyber attacks because they believe they have no strategic value for computer pirates. This belief often pushes neglectsuch as regular software update or employee training to detect phishing attempts.
4. The effect of the supply chain
Computer pirates also point to SMEs to reach their biggest partners. For example, A defect in the security of a subcontractor It can be used as an entrance door to attack an important company, creating a devastating domino effect.
How does cyber insurance protect you?
Faced with these growing risks, cybernetic insurance is the definitive weapon to protect your SME. This is how it can help you recover in the case of cyber attacks.
1. Costs related to a cyber attack
Cybernetic insurance generally covers immediate response costs:
- Systems restoration
- Data recovery
- And even negotiations with computer pirates if a rescue is requested
These costs, which can increase to Several thousand francsThey are often unbearable for a SME.
2. Reputation management
A cybersecurity incident can tarnish the image of your business. TO Cybernetic insurance often includes crisis management servicesas communication with their clients and partners, to limit damage to their reputation.
3. Legal protection
If customer data is compromised, it can be considered responsible. Cyber ​​insurance covers legal costs and any sanction related to breach, for example with LPD requirements (Data protection law).
In addition, we have a new legislation in Switzerland that aims to better protect personal data. His name is NLPD and Companies must comply with him Since September 2023. We have invited you to find out about these changes in this article in the Confederation.
4. Preventive support
Many cyber insurance policies, such as those that It also includes preventive servicesas security audits, training for your employees and recommendations to improve your digital defenses.
Our advice to limit risks
In addition to cybernetic insurance, here are some measures that you can configure to protect your SME:
• Train your employees : Most cyber attacks exploit human error. Teach your equipment to identify suspicious emails and avoid dangerous clicks.
• Update your systems regularly : Obsolete software is an open door for hackers. Automate the updates if possible.
• Invest in an support plan : Save your critical data on a safe or cloud server, and regularly test its restoration.
• Access limit : Give employees only the necessary permits for their work and use the authentication of two factors.
Security has a price (bass)
SMEs have information and access that then becomes the privileged objectives of computer pirates.
Given all the risks generated by a successful cyber attack in your data, we can only advise you to protect yourself before it's too late.
Faced with these arguments, the cyber insurance premium cannot be a brake! Not only can you protect your data and finance, but also ensure the future of your business.
Well-Assurée offers you Personalized solutions for SMEsto help and advise it effectively against these challenges. So take time to strengthen your defenses today to avoid paying the high price tomorrow.
