Are you protecting your business or just spending more?
We live in an era of opportunities driven by digitalisation; but also in an era of growing risks. For small and medium-sized enterprises (SMEs); cybersecurity is no longer a technological "luxury". It is a strategic necessity.
At ERA Group; we have been helping business leaders tackle their most important challenges and discover opportunities where others don't look for more than 30 years. And today; one of the most pressing issues is protection against cyber risk.
The new threat landscape
Today; more than 43% of cyber attacks are directed at SMEs. Why? Because they are perceived as more vulnerable: fewer resources; less specialised staff and; often; a false sense of security.
Among the most common risks are:
• Phishing and identity theft
• Ransomware that blocks critical operations
• Unauthorised access to financial systems or customer information through economies of scale.
The impact goes beyond technology. It can halt your operations; damage your reputation and cost you key contracts.
Insurance is not enough
Many companies react by taking out cyber insurance without first strengthening their internal defenses. The document "Navigating the Cybersecurity Landscape for SMEs" clearly states that the key lies in a balanced strategy that includes:
• Regular risk assessments
• Continuous training for employees
• Appropriate technological tools
• And then; insurance that truly reflects the level of protection achieved.
Because without good practices; you will pay higher premiums and still be exposed.
Key recommendations
1. Know your vulnerabilities: Do you know where your digital weak points are? Most SMEs don't know until
it's too late.
2. Train your team: 95% of security incidents are caused by human error. Training is not
optional.
3. Implement basic controls: Antivirus software; firewalls; two-factor authentication and automatic backups are no longer
negotiable.
4. Assess your insurance coverage: Not all policies cover what you need. Insurance should be a final layer; not your
only defense.
5. Seek expert guidance: It is not enough to "have something." The important thing is that your strategy is well calibrated;
responds to your reality; and evolves with your risks.
The role of ERA Group
At ERA; we do more than just optimise costs. Our holistic approach includes working hand in hand with specialists in technology; insurance; risk; and supply chain. We analyze your situation; compare it with international benchmarks and create an effective; efficient protection plan backed by more than 40;000 projects worldwide.
From implementing best practices to renegotiating your premiums based on tangible improvements; our team works as an extension of yours; helping you protect your business without overpaying.
