24 Oct 2019

10% of Small Businesses Breached Shut Down in 2019

A new report by the National Cyber Security Alliance and Zogby Analytics sheds light on the state of cybersecurity in small businesses. 88% of small firms in the survey said they were a somewhat likely or likely target for cyber campaigns, yet only 62% considered security to be among their

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17 Oct 2019

1 in 5 SMBs have fallen victim to a ransomware attack

A whopping 85% of managed service providers (MSPs) say that at least some of the small to mid-sized businesses (SMBs) they serve have suffered a ransomware attack in the past two years, a new Datto report shows. In 2018 the number was 79%. In the first six months of 2019,

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09 Oct 2019

76 percent of US businesses have experienced a cyberattack in the past year

In the past 12 months, two-thirds (66%) of small to mid-sized businesses (SMBs) have suffered a cyberattack, according to a new report by the Ponemon Institute and Keeper Security. The finding underscores a broader trend of growing cyber incidents at SMBs over the last 3 years. Last year, 63% of

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20 Sep 2019

Key threats and trends SMB IT teams deal with

Malware is the top security concern for IT professionals at small to mid-sized businesses (SMBs), a new LogMeIn report reveals. Malware (mentioned by 54% of respondents) is followed by ransomware (46%), employee behavior (44%), cloud security breaches (44%), external data breaches (37%), and internal data breaches (34%). The reports notes a

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19 Sep 2019

Small businesses underestimate financial damage of cyberattacks

70% of small to mid-sized businesses (SMBs) believe that losses from a successful cyberattack on their firm would not exceed $25,000, while over half think total damages would remain under $10,000, a new AppRiver survey shows. This implies that small business owners are grossly underestimating the amount of money they

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09 Sep 2019

SMBs show no improvement in IT maturity levels, security remains top concern

Almost one in three (32%) small to mid-sized businesses (SMBs) were affected by a security breach in the last five years, and at least 10% experienced a breach in the past year, a new Kaseya survey indicates. The report reveals major shortcomings in terms of patch management, with just 42%

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28 Aug 2019

Low Budgets, Limited Expertise Plague SMB Cybersecurity

Four in five (80%) small business owners consider IT security a priority for their undertaking, a new Untangle report found. However, almost half (48%) of small firms have a yearly cybersecurity budget of under 5,000, and 29% spend less than $1,000 on security per year. The survey also shows that

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12 Aug 2019

Why remote workers are an underrated security risk for small businesses

A mere 4% of small businesses in the United States have fully adopted the cybersecurity best practices outlined by the US Small Business Administration (SBA), a new report by Nationwide found. Around 20% of small businesses in the survey did not train employees about cybersecurity at all. Most small business

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29 Jul 2019

66% of SMBs don’t believe they are vulnerable to cyberattacks

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

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25 Jul 2019

Most SMBs have not identified and documented cybersecurity threats

A new ConnectWise report highlights major shortcomings in the cybersecurity strategies of small and mid-sized businesses (SMBs). The vast majority of SMBs have not identified and documented cybersecurity threats (69%) nor vulnerabilities (66%), which means that they have no clue about the weak links in their defenses and no way

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