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Here's a scary stat: recent Canadian cyberattack data says that 80% of SMBs are vulnerable.

While that number may look daunting, there are strategies you can employ to reduce the risk of a cyberattack.

According to a review of Canadian and US-based SMBs, there was a high incidence of three key vulnerabilities across all sectors: spoofing, clickjacking and session riding. What was concerning is that segments like hospitals, utilities, banks & credit unions were not far from the average for these three vulnerabilities.

Cyberattacks come in many shapes and sizes. From phishing scams to ransomware, there are a variety of ways hackers can target your business. That's why it's important to have a comprehensive security strategy in place.

Here are five tips to help you reduce the risk of a cyberattack:

1. Educate yourself and your employees about cyber risks. Make sure everyone understands the basics of how to spot a phishing email, for example.

2. Invest in cybersecurity tools and solutions. Firewalls, antivirus software, and employee training are all important pieces of the puzzle.

3. Develop a plan for what to do in the event of a data breach. This should include who to contact and what steps to take to mitigate the damage.

4. Stay up-to-date on the latest security threats. Cybercriminals are always finding new ways to exploit vulnerabilities, so it's important to stay one step ahead.

5. Schedule regular penetration testing. This will help you identify any weaknesses in your system so you can fix them before they're exploited.

By following these steps, you can help reduce the risk of a cyberattack on your business and keep your data safe. The Q2 2022 SMBVR serves as a warning to prioritize cybersecurity regardless of industry. With 80% of SMBs at risk of an attack, proactive measures and a strong value in security can make all the difference.