How to protect your business effectively: specific measures for small and medium-sized enterprises.

Why are you particularly vulnerable?

In this era of global integration, cybercrime is an ever-growing challenge that no one can overlook. The facts and figures on this page illustrate this vividly. Small and medium-sized enterprises are particularly vulnerable. But it doesn’t have to be that way: By introducing just a few specific measures, you can take some decisive steps that will not only enhance your company’s security, but also seize new business opportunities. This brochure shows you how.

of companies with 10 to 99 employees have been victims of espionage, sabotage, or data theft in the past two years.
of these companies were harmed by cyberattacks during the same period.
new types of malware, such as ransomware, are discovered daily.
Total losses sustained by German businesses from cybercrime in the past two years.

What is the role of humans?

Cyberattacks launched on small and medium-sized companies in particular are generally discovered by employees. The human factor is therefore an elementary part of the process. By focusing companywide on cybersecurity, raising employee awareness levels about the issue, and providing training, you can take an action that will bolster your company’s line of cyberdefense. After all, conscious and critical behavior in the digital world creates security and trust – and that pays off. At the same time, humans will continue to present the primary gateway for cybercriminals. Carelessness can endanger your company, as the numbers on this page clearly show. Assume your responsibility and create this level of awareness. In doing so, you will take the first important step toward improving cybersecurity at your company.

How can you, as a small or medium- sized enterprise, particularly benefit from this?

As digital integration becomes more widespread, cyber- security is becoming a genuine guarantor of success. That’s because cybersecurity is not merely the response to a threat: If consistently promoted, it offers a real opportunity to enhance your own competitiveness.

Cybersecurity, when implemented systematically, creates many positive effects – especially for small and medium-sized enterprises: It ensures better reliability in your supply chains, it protects your ongoing operations, and it strengthens your trustworthiness with your customers by allowing you to handle their sensitive data responsibly. This security enhances the quality of the products and services you provide, making your portfolio more attractive and strengthening your competitive position on the markets.

You can improve your cybersecurity in three steps

Cybersecurity is a complex challenge that requires a targeted organizational, technical, and personnel-driven response. To use a sports analogy: It’s not a sprint, it’s a marathon. But even the longest journey begins with the first step.

That is why we have divided the brochure into three individual steps – which we call phases. Join us on this journey. You’ll quickly see that each individual step brings you closer to your goal.

Phase 1: Identify threats and assume responsibility

  1. Practice responsibility
  2. Heighten awareness of security risks
  3. Cultivate a cybersecurity culture in your organization

Phase 2: Take action and embed security

  1. Embed cybersecurity within the organization
  2. Embed cybersecurity within products and services

Phase 3: Make the structure of cybersecurity transparent, and be a role model for others

  1. Publish your own cybersecurity setup
  2. Become active – even outside your own company

You may also like

Harmonising Regulation - a CoT perspective
icon External Engagement

Harmonising Regulation - a CoT perspective

In response to rising cyber threats, governments are enacting new cybersecurity laws and regulations, with some, like the United States (US), moving from voluntary public-private partnerships to more stringent regulatory approaches, while others, like the European Union (EU), are updating existing regulations (e.g. the Network and Information Security (NIS) Directive 2, or NIS 2) and creating new ones (e.g., Cyber Resilience Act, CRA). These efforts often set precedents for other nations, but the lack of international coordination in cybersecurity regulation remains a challenge. This fragmentation, coupled with shortages of cybersecurity talent, risks diverting resources from essential cyber defense to compliance, potentially increasing costs, complexity, and undermining resilience and innovation. Some solutions include reciprocity agreements, adopting international standards, and leveraging third-party assessments to streamline regulations and improve global alignment.

To read the full publication, see the download link below.
October 15, 2024
Charter of Trust Cybersecurity Policy Manifesto
icon External Engagement

Charter of Trust Cybersecurity Policy Manifesto

The Charter of Trust presents this Manifesto as a call to action for Policymakers to join forces in the pursuit of a secure and resilient digital environment. As a collective of leading technology, cybersecurity, and industry stakeholders, we believe that a united and collaborative approach is essential for effectively combating cyber threats that endanger the security, privacy, and prosperity of our societies.
Our vision is to establish a strong, secure, and resilient digital Europe that fosters innovation, economic growth, and social progress while protecting individual rights and safeguarding the values of a democratic society.
April 12, 2024
Charter of Trust report: Guideline on Cybersecurity Risk Assessment
icon Security by Default

Charter of Trust report: Guideline on Cybersecurity Risk Assessment

This document highlights the significance of caution and due diligence in relation to cyber risks when processes and value chains are supported by digital technology to improve efficiency. As digitalization progresses, such risks exist in products which are combined to systems and networks in the IT but also in the OT world. The intent of this document is to offers practical guidance to risk management based on the experience and expertise of the members of the Charter of Trust P3 Task Force.
February 15, 2024