When you hear about retail establishments suffering from a data breach, names like Neiman Marcus, Target, The TJX Companies, Michaels, and The Home Depot dominate the headlines. When you read these news stories, it might appear as if cyber criminals are only going after the big fish. Unfortunately, this might lull small and mid-sized businesses into thinking that they are not likely to be the targets of such an attack. This is supported by recent research that shows that more than three-quarters of all SMBs believe that they are safe from to cyber attacks.
The truth is, small and medium sized retailers make up 62 percent of the data-breach victim pool, because attackers know that small and mid-sized businesses are: