Lack Of Security Focus Puts SMBs In Harm's Way - DarkReading

While it’s often the large corporations that make the headlines when their security has been breached, it’s the smaller companies that are often subject to the greatest harm from malicious attacks and data theft.

In mid-2009, an employee at the California firm clicked on a link in an e-mail message and ended up at a malicious website. The site, run by online thieves, used a vulnerability in Internet Explorer to load a Trojan horse on the employee’s system. With control of the machine, which was used for much of the firm’s accounting, the thieves gathered data on the firm and its finances. A few days later, the thieves used 27 transactions to transfer $447,000 from Ferma’s accounts, distributing the money to accounts worldwide.

“They were able to ascertain how much they could draw, so they drew the limit,” said Ferma president Roy Ferrari in an interview at the time.

Ferma did not go out of business, but many small companies have as a result of a hack. The consequences of an attack should make small and midsize businesses (SMBs) sit up and notice, says Bernard Laroche, senior director of SMB product marketing for security giant Symantec.

via Lack Of Security Focus Puts SMBs In Harm’s Way – DarkReading.

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