A new report by Keeper Security indicates the most business leaders at small to mid-sized businesses (SMBs) vastly underestimate the risk that cyber threats pose to their firm. Two in three (66%) respondents said that their organization will not suffer a cyber attack, even though recent research by the Ponemon Institute found that 67% of SMBs were hit by a cyber attack in the past twelve months.
A mere 12% of respondents in the new survey understood that cyber attacks are a major threat to businesses regardless of their size. Moreover, respondents were twice as likely to view cybersecurity as the least essential aspect of their organization (18%) than as the most crucial aspect (9%).
Keeper Security CEO Darren Guccione said the study shows that “many companies don’t know where to start with cybersecurity prevention and even more don’t think they will fall victim to an attack, but it’s time they dramatically change their perspectives and put a plan in place.”
Read more: 66% of SMBs don’t believe they are vulnerable to cyberattacks