Research by VikingCloud indicates that cyberattacks pose a severe risk to small- and medium-sized businesses (SMBs), with nearly 20% facing closure after an attack. A concerning 33% of these businesses would shut down even after minor financial impacts. Cybersecurity ranks as the second greatest concern for SMBs after inflation. Many SMBs exhibit inadequate cyber defenses, often relying on untrained individuals or outdated technology. Despite acknowledging cyber vulnerabilities, poor practices such as weak passwords and lack of data backups persist across SMBs, raising alarms about their readiness to combat modern cyber threats.
A successful cyberattack could lead to the closure of nearly 20% of SMBs, highlighting the critical need for enhanced cybersecurity measures among small businesses.
Despite recognizing their cyber vulnerabilities, many SMBs still use easily hackable passwords and lack basic cybersecurity practices, risking significant financial loss.
Collection
[
|
...
]