Security and Compliance: Protecting SMB Data in Oracle Fusion Cloud ERP

There's a common assumption among smaller companies that cybercriminals mostly go after large, high-profile targets — banks, hospitals, household-name retailers. The data says the opposite. Small businesses aren't collateral damage in a world of big targets; they're often the preferred target, precisely because they tend to have weaker defenses and less dedicated security staff than the enterprises that make headlines when something goes wrong.

ORACLE FUSION CLOUD ERP FOR GROWING BUSINESSES

Security and Compliance: Protecting SMB Data in Oracle Fusion Cloud ERP

What growing companies must get right before they trust the cloud

There's a common assumption among smaller companies that cybercriminals mostly go after large, high-profile targets — banks, hospitals, household-name retailers. The data says the opposite. Small businesses aren't collateral damage in a world of big targets; they're often the preferred target, precisely because they tend to have weaker defenses and less dedicated security staff than the enterprises that make headlines when something goes wrong.

That gap between perception and reality is exactly why security and compliance deserve their own serious conversation in any discussion of moving core business systems to the cloud — Oracle Fusion Cloud ERP included.

The numbers are more alarming than most owners assume

Roughly 43% of all cyberattacks target small businesses specifically, and research from Verizon and others suggests small companies are about three times more likely to be targeted than larger organizations. The financial consequences, when an attack succeeds, are not scaled down to match company size the way a smaller business might hope. The average total cost of a data breach at a company with under 500 employees runs an estimated $3.31 million, with recovery expenses alone

© Orpington Technologies Inc. www.orpingtontech.com Page No. 1 of 4