"I often see smaller companies that say I'm small enough that hackers wouldn't care about me," says Tiffany Kleemann, clients and markets leader for cyber and strategic risk at Deloitte. "That's just simply untrue. I don't care what size business you are--everyone these days is a target." Kleemann points out that smaller companies that experience hacks can face an existential threat. Take ransomware for example, a type of cybercrime in which an attacker encrypts a victim's data and demands a ransom from the victim to restore access to the data. A smaller company without the cash flow to meet a hacker's demands could be sunk.
