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Cybersecurity is said to be the need of the hour. With the increase in the number of hacking, it is crucial for any organization be it large, small or medium to focus on the aspect of cybersecurity.
It has been observed that small scale businesses seem to pose a higher risk of cybercrimes. The reason why SMB's are targeted for hacking is due to a lack of resources that are available at their disposal.
Due to budget constraints, such firms usually compromise on the aspect of security. Instead of spending lakhs, such companies might opt pirated or outdated software.
A small incident of hacking for SMB's can put to risk the potential future growth of these businesses and alongside they are also required to pay a heavy penalty.