No matter the size, today’s businesses have never been more exposed to the perils of the connected world. Nobody is spared, not even startups and SMBs. Cybercrime is on the continual rise, growing more clever and surprisingly picky with every new attack.
According to multiple reports, it’s the smallest targets that have it the worst.
SMBs account for the majority of data breaches – a whopping 58% – because they are less likely to have a robust security system in place. And while certain attacks are like fleabites to big corporations, no business big or small can survive a massive data breach without major losses.
The consequences are always dire, both financially and otherwise.
Falanx Group Ltd (LON:FLX), through its subsidiaries, provides cyber defence and intelligence services to blue chip and government clients worldwide. It operates through Falanx Cyber Defence and Falanx Intelligence divisions.