Today, identity security provider Keeper Security and Ponemon Institute released The 2019 SMB Cyberthreat Study. This report surveyed 500 senior-level decision-makers of small-to-medium-sized businesses (SMBs). Among their findings, 66% of these SMB leaders don’t believe their businesses face a risk from cyberthreats. Unfortunately, an earlier survey by Ponemon and Keeper found 67% of all businesses suffered a cyberattack within the past year.
Therefore, the question becomes where this discrepancy comes from, and how your business can avoid it.
Why SMBs Don’t Realise Their Risk of Cyber Threats
Indeed, no one can overstate the risk these SMBs face by ignoring cyberthreats or believing they can’t affect them. Only 12% understand the reality of cyber threats—that every business remains at risk regardless of size.
Meanwhile, the more mature a business became, the less likely it became convinced of the risk of cyberattacks. 6% of SMBs operating for ten or more years recognized the dangers of digital threats, whereas 28% of younger businesses recognized the problems. In fact, 70% of long-standing businesses failed to acknowledge the severity of…
