Risk management is a fundamental element for organizations, particularly small and medium-sized enterprises (SMEs), to protect their systems and data from cyberattacks. Information technology (IT) is a fundamental requirement for SMEs, providing access to essential services and data sharing. Cybersecurity is crucial for organizations to prevent unauthorized access to data centers and other computerized systems, ensuring a strong security posture against malicious attacks. SMEs should have multiple layers of protection across potential access points, including data, software, hardware, and connected networks. Employees should be trained on compliance and security processes, and tools like unified threat management systems can detect, isolate, and remediate potential threats. Data protection approaches, including data privacy, integrity, and availability, are essential for protecting critical data. Cybersecurity plays a significant role in IT technology issues, involving tools, policies, security concepts, guidelines, risk management approaches, actions, training, best practices, assurance, and technologies. SMEs face various forms of cyberattacks, such as malware, denial of service (DoS) assaults, and phishing, which can cause significant financial losses and damage to their reputation. The purpose of the study is to shed light on the cyberthreats that small and medium-sized enterprises face as well as some preventative measures.