SMB Study Reveals Majority of Small Businesses Aren’t Taking Cyber Attacks Seriously

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Cyber criminals have tended to have a preference for larger enterprise-scale businesses, but that preference has been narrowing in recent years. A recent investigative report published by Verizon found that about 43% of all cyber attacks target small to medium-size business (SMB) operations, and that margin has been hovering on either side of 50% for some years now.

That makes it all the more surprising that a recent study from Keeper Security found that 66% of senior decision-makers at SMBs do not believe they are likely to be targeted by cyber attacks, and 60% report that they do not have a cyber attack prevention plan.

SMB study – results and findings

The 2019 SMB Cyberthreat Study surveyed 500 senior decision-makers at SMBs in mid-2019. To qualify for the survey, companies had to have no more than 500 employees.

In addition to the concerning amount of leaders who appear to not worry about cyber attacks and do not have a plan in place for them, only 9% ranked cybersecurity as a top business priority and 25% reported having “no idea where to start” in terms of a digital security strategy.

Keeper Security cites internal numbers drawn from a 2018 Ponemon Institute study that…

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