Small businesses face growing cybercrime threat

Lancashire’s small businesses are at greater risk from cyber-crime than larger enterprises, an IT expert has warned.

Justin Sherwood of Seriun told an audience at Lancashire Business View’s latest networking event: “A smaller business has potentially more to lose.”

He added: “They could lose not only their data but customers, through the loss of reputation, as well as the loss of money.”

Justin also warned that criminals looked to breach smaller business’ security as a way of getting inside their customers defences.

He was part of a panel debating the issue that included Paul Castle of N3bular (UCLan) and Phil Brown of Napthens solicitors.

LBV Networking - LBV 77 launch

Paul said the biggest threat to any organisation was its own people and said staff training and awareness was an important weapon in combating the cyber-crooks.

He highlighted the ways criminals target individuals through methods such as phishing emails and creating conversations.

Phil warned that SMEs could even find themselves facing fines over security breaches if they failed to take measures to protect their customers.

The event, held at EKM Systems headquarters in Preston, also heard from Gillian Bardin, director of city-based wealth management expert Taylor Patterson, part of the national Mattioli Woods group.

She took them through the journey of the business, from MBO to successful sale to an AIM-listed business and shred her views on the importance of a team approach.

The audience also heard of the role that her lifelong association with the Girlguiding movement has had on her business and leadership approach.

Gillian said: “It gives girls confidence and teaches you about all the possibilities that you can achieve whatever you set out to do.

“As you go through the ranks you learn leadership and management skills; how a team dynamic works and how to trust people.”

The event, for the launch of the November/December edition of Lancashire Business View, attracted delegates from across the county.

Share this on social media

Featured Articles

See All Articles

Join the LBV hub

The LBV Hub is the perfect platform for new and established businesses looking to raise their profile in Lancashire.

  • Post your news and views
  • Share your events and offers
  • Gain editorial coverage in the magazine
  • Join the business directory
  • Be first for industry news
  • Get your print subscription
Other benefits

The LBV Hub allows you to promote your news, views, events and special offers across our digital platforms, with a chance of being featured in the magazine. Join the LBV Hub today to showcase your products and services to the wider business community.

Sign up now

Subscribe now

Subscribe now and gain access to our current issue and recent back issues.

Subscribing to Lancashire Business View will keep you up-to-date with the very latest business from across the county. In print six times a year, its pages contain news, analysis and opinion on the issues that affect business in Lancashire. There is key information that can help businesses flourish, and entertaining features on the personalities behind the headlines.

Subscribe now

Lancashire Business view Email Newsletter

Keep up to date with all the latest developments & news.

Opt in*
*Opt-in here to receive LBV’s weekly round-up of business news, advice and events direct to your inbox plus other relevant information about the magazine.
Advertise with us Join the LBV Hub