This research looks into the escalating cybersecurity threats confronting Small and Medium-sized Enterprises, specifically considering their often limited cybersecurity infrastructure and resource constraints. The investigation scrutinizes prevalent and emerging threats such as phishing attacks, ransomware, data breaches, and insider risks. By identifying the unique vulnerabilities inherent in SMEs, the study analyzes the potential repercussions of cyber incidents on their operational continuity, financial stability, and public image. Furthermore, this research explores effective risk management strategies tailored for SMEs, including employee cybersecurity training, the adoption of relevant cybersecurity frameworks, the implementation of budget-conscious security technologies, and strategic partnerships with external cybersecurity experts. The ultimate aim is to empower SMEs to cultivate robust digital defenses as they expand their operations and foster a heightened understanding of the evolving threat landscape.