Cybercrime is Costing SMEs More Than Ever — Here’s How to Stay Protected🚨

Written by Jessie Barr

22/09/2025

Why small businesses are the big target, and what you can do to fight back

 

Cybercrime is no longer a problem reserved for large corporations. In fact, SMEs are now prime targets — precisely because attackers know they often lack the resources and defences of bigger businesses.

 

Recent data shows:

  • 43% of all cyberattacks now involve small businesses.
  • The average UK SME loses £10,000+ per hour during downtime.
  • 60% of SMEs shut down within 6 months of a major cyberattack.

 

Why SMEs Are Targeted

 

Attackers see SMEs as “low-hanging fruit.” Many rely on outdated software, weak passwords, or a single antivirus solution. Phishing emails remain the most common entry point — often just one click away from a disaster.

 

 

Four Practical Steps to Strengthen Your Business

 

  1. Enable Multi-Factor Authentication (MFA) Blocks 99% of automated login attacks.
  2. Train Your Staff Employees are your first line of defence; phishing awareness reduces risk drastically.
  3. Backup & Recovery Regularly back up your data and test your backups to ensure they work when needed.
  4. Proactive IT Support Having experts monitor systems and spot vulnerabilities reduces the likelihood of costly breaches.

 

 

The Bottom Line

 

Cybercrime is rising in sophistication, but SMEs don’t have to be victims. Implementing simple, practical measures can protect your data, maintain productivity, and safeguard business continuity.

 

At Via Wire, we help SMEs across Essex and beyond strengthen their IT defences without unnecessary complexity.

 

📩 Want advice tailored to your business? Reply to this newsletter or contact us today.

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