SMBs face significant cybersecurity risks similar to large enterprises. Common myths include beliefs that SMBs are not targeted by hackers, antivirus alone is sufficient protection, and cyber threats are exaggerated. In reality, a single attack can severely damage an SMB, and cybercriminals steal all types of sensitive data from any size organization. Effective cybersecurity requires a multi-layered approach including antivirus, firewalls, encryption, and backup to defend against the top threats SMBs face like phishing, malware, and network attacks.