Intelligent Tech Channels LATAM Issue 18 | Page 20

ENTERPRISE TECHNOLOGY
control necessary to protect themselves from increasingly large-scale and more automated attacks .
Even if only a few companies are affected in these attacks , the return for hackers can be significant and the impact for the company devastating , since they can gain access to bank accounts and financial systems and apply scams that are capable of destabilizing and even paralyzing business .
How can overlooked vulnerabilities and ransomware attacks devastate small and mediumsized businesses ?
Ignored or overlooked vulnerabilities serve as a gateway to the installation of malware that spies , remotely controls devices or encrypts data through ransomware . To have their information returned , companies are extorted to pay large amounts .
In the case of smaller organizations , the simple successful attack can result in huge financial losses , capable of seriously compromising the enterprise and its business irreversibly .
In addition to these consequences , it should be noted that , like large organizations , small and medium-sized organizations also deal with sensitive customer and partner information , which needs to be protected .
Possible breaches of this data can expose them to legal risks , as they also need to comply with the LGPD ( General Law for the Protection of Personal Data ), which brings
Cybersecurity is far from being a matter only for large companies . strong sanctions , including financial ones , in cases of breach .
How can small and mediumsized businesses overcome cybersecurity challenges and protect consumer trust ?
Another aspect of wide relevance is the loss of trust of consumers and partners who have their data leaked . To address these challenges , developing and implementing clear and comprehensive digital cybersecurity policies and solutions is essential .
Today , the technological scenario already allows small and medium-sized companies to adopt advanced applications with the same level of protection that was previously restricted to large companies . Technology and costs are no longer barriers for SMBs to access robust cybersecurity tools .
The market already has offers available in the ‘ as-a-service ’ contracting model , which
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