Cybercriminals have developed new strategies to steal SMB credentials, with a significant number of initial compromises originating from network edge devices such as firewalls and virtual private networks. They are also exploiting Software as a Service platforms for various malicious purposes. SMBs are increasingly reliant on cloud-based applications, making them vulnerable to credential theft through tactics like email bombing and phishing. Implementing multifactor authentication is crucial to safeguard against these threats.
SMBs are appealing targets for hackers due to their limited resources for robust cybersecurity measures. Unlike larger enterprises with dedicated security teams, SMBs often lack the capacity to respond effectively to cyber attacks. This gap in security capabilities makes them susceptible to data breaches and other cyber threats. Managed Detection and Response (MDR) services like Sophos can provide SMBs with the necessary expertise and tools to enhance their cybersecurity defenses.