Most SMBs have not identified and documented cybersecurity threats
A majority of small and medium-sized businesses (SMBs) do not have cybersecurity protection at the top of their agenda and are highly prone to risks and vulnerabilities, …
Average data breach cost has risen to $3.92 million
The cost of a data breach has risen 12% over the past 5 years and now costs $3.92 million on average, according to IBM. These rising expenses are representative of the …
Most SMB devices run Windows versions that are expired or will expire by January 2020
There is a steady increase in attacks and changes in attack methods that target weaknesses in encryption, workload configuration, limited visibility into vulnerabilities and …
How much risk small businesses really pose to supply chain cybersecurity?
50% of large enterprises view third-party partners of any size as a cybersecurity risk, but only 14% have experienced a breach as the result of a small business partner, while …
Most SMBs would pay a ransom in order to recover stolen data
More than half (55 percent) of executives at SMBs said they would pay hackers in order to recover their stolen data in ransomware attacks, according to the second quarterly …
SMBs willing to invest more to protect their businesses
Cybersecurity demands of SMBs have become both a major risk and revenue opportunity to managed service providers (MSPs). MSPs are at risk of losing their SMB clients if they …
SMBs spending a day each week dealing with cybersecurity issues
Almost half of UK small to medium-sized businesses (SMBs) believe a cyberattack would put their business at risk of closure, and 48 per cent of businesses report they have had …
83% of SMB owners have no cash put aside to deal with the fallout from a cyber attack
Small businesses are leaving themselves exposed to significant financial risk from cybercrime by not having adequate measures in place to recover in the event of a cyber …
Ransomware is a big problem, but it’s also a big opportunity for MSPs to educate clients
While large-scale attacks such as WannaCry make headlines, ransomware attacks are just as likely to happen among small businesses as they are large enterprises. According to …
23% of UK SMBs still use USB drives as their primary data storage solution
Mny British companies are finding it hard to store and manage their company’s data effectively. Seagate polled a representative sample of 1,006 UK SMB employees, asking them …
Retail and finance top the list of vulnerable industries, increasingly targeted with credential threat campaigns
The finance, professional, and information sectors had the highest volume and most variety of malicious activity in Q2 2018, says Rapid7, and the manufacturing sector is …
Most SMBs are not worried about their business being hacked
America’s small business owners may want to consider placing a greater emphasis on cyber awareness and best practices year-round. According to a new survey by Paychex, …