As cybercrime continues to rise affecting several large organisations who have had their personal data accessed or stolen, it is now vital that everyone considers and evaluates the best cybersecurity solutions to protect their business.

Recently, both small and medium organisations have been urged by the Business Fraud Prevention Partnership (BFPP) to seriously consider protection against cyber-crime. The founder of the BFPP, Edward Whittingham discussed misconceptions regarding cyber-crime, stating:

October is Cyber Security Awareness Month, which means organisations should be considering their current cybersecurity measures in an effort to prevent data breaches and cyber threats. The need to improve cybersecurity has also been amplified since results from the Cyber Security Breach Survey 2018 established that 43% of businesses have suffered a data breach in the last 12 months.

Small businesses especially should be evaluating their cybersecurity measures, as according to research from security firm Sitelock, smaller organisations are actually more at risk of a website hack, mainly due to their lack of cybersecurity and website maintenance.

Laura Dodge, Marketing Manager at Pedalo, the web development agency discussed the indispensability of implementing cybersecurity and website maintenance, stating:

Recently, cyber criminals have become more focused on intellectual property due to its prolonged benefits, resulting in them targeting industries such as the manufacturing sector, which is the third most targeted industry for cyber-crime.

The manufacturing industry is also not obligated to report breaches unlike the healthcare, financial, and retail sectors, therefore it is possible that there are a lot of cyber-attacks that have gone unreported, which potentially increases the risk of cyber-crime

Manufacturing organisations usually receive correspondence containing confidential information such as contracts, patents, drawings and additional private content, which must be protected. The problem is that a lot of manufacturing companies underestimate the threat of cyber-attacks, and therefore do not implement the necessary cyber security and protection that is necessary to safeguard their confidential information.