It’s common for smaller companies to have fewer security processes in place due to the simple fact that they think their size will eliminate them from falling victim to information theft; sadly the opposite is quite true, and these companies can be significant targets for cybercriminals.
With that said, however, it shouldn’t be the only reason you create a secure environment in your place of business; data breach can be extremely costly and unfortunately, it continues to affect several businesses. Not only can the effects be overwhelming from a financial standpoint, but it can also damage your reputation significantly. Small start-up companies are actually more vulnerable to fraud and information theft because often they are still working towards building their business and customer base.