Phishing Attacks: The Biggest Cyber Threat Facing Your Business
Why SMEs Must Take Phishing Seriously and How to Reduce the Risk of a Cyber Attack
Phishing has become the leading method used by cyber criminals to gain unauthorised access to systems, steal data, and deploy malware. According to recent industry figures, phishing is behind over 80% of all reported cyber attacks—a staggering statistic that shows just how serious the threat is.
Despite increased awareness, phishing remains effective because it targets the one part of a security system that’s hardest to control: people. Whether it's a rushed click on a dodgy link or entering details into a fake login page, one moment of distraction can have serious consequences.
What is Phishing and How Does it Work?
Phishing typically involves fraudulent emails or text messages that appear to come from a legitimate source—such as a supplier, bank, delivery company, or even a colleague. These messages aim to get the recipient to:
- Click a malicious link that installs malware
- Open an infected attachment
- Submit credentials or sensitive information
- Approve a payment or transfer funds
Modern phishing emails are often sophisticated, personalised, and timed to catch people off guard. Some may look exactly like messages from services you use regularly, including Microsoft 365 or your own IT provider.
Why Small and Medium-Sized Businesses Are Prime Targets
Many SMEs believe they’re too small to be of interest to cyber criminals, but this is a dangerous misconception. In reality, smaller businesses are often targeted because they lack the resources and security layers that larger firms have in place.
The consequences of a successful phishing attack can include:
- Loss of customer data – putting your clients and your business at risk
- Financial loss – including fraudulent transactions or ransom payments
- Business disruption – including downtime, loss of access to systems, or productivity hits
- Regulatory penalties – particularly if personal data is involved and not properly protected
- Damage to reputation – which can be difficult and expensive to repair
For SMEs without in-house cyber security support, prevention and early detection are absolutely critical.
How CED Technology Helps Protect Your Business
At CED Technology, we provide managed IT support and cyber security solutions to small and medium-sized businesses across the UK. When it comes to phishing threats, our services are designed to minimise both the risk and the damage, should something slip through.
Here’s how we help:
🔒 RMM (Remote Monitoring and Management)
Our RMM platform continuously monitors system performance, device health, software status, and other key indicators. It helps ensure that endpoints remain up to date and secure—allowing us to respond quickly if something looks out of place.
🛡️ EDR (Endpoint Detection and Response)
If a user clicks on a malicious link or opens an infected attachment, EDR steps in to isolate the threat. It prevents malware from executing, stops the spread across your network, and flags the incident for review.
🦠
Antivirus and Ransomware Protection
We deploy reliable, enterprise-grade protection to detect and neutralise threats in real time, including ransomware that may be delivered through phishing emails.
🎣
Phishing Simulations and Security Advice
We help businesses raise internal awareness through realistic phishing simulations and practical advice. These exercises are designed to highlight risky behaviours, start conversations, and build a more informed, security-conscious workforce—without pointing fingers. It’s not about blame—it’s about prevention and preparation.
Phishing Protection Is Not Just a Nice-to-Have
With phishing responsible for the majority of cyber incidents in the UK, it’s clear that ignoring it is no longer an option. Even with the most careful staff, mistakes can happen—and when they do, it’s the strength of your cyber security that determines the outcome.
By investing in managed protection now, you can avoid the far greater costs of recovery later.
Speak to CED Technology
At CED Technology, we help SMEs build practical, affordable cyber security strategies to protect their systems, their data, and their future. Whether you're starting from scratch or looking to strengthen what you already have, we can help.
✅ Straightforward support
✅ No jargon
✅ Nationwide service
✅ Tailored to small business needs
Get in touch today for a friendly, no-pressure chat about your cyber security:
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