Small Business, Big Risk
There is no way to emphasize enough, just how important it is for small businesses to be prepared for a cyberattack. But according to a recent survey by the Wall Street Journal Pro Research of 400 companies and their security officers, many companies are not taking it seriously enough to improve their readiness and risk of exposure.
Security Risk Rate vs. Spend Rate
Security Risk Rate vs. Spend Rate
According to the 2019 SMB IT Security Report from Untangle, 80% of the small to medium-sized surveyed businesses identify IT security as a top priority. Of the 300 worldwide businesses in the study, 29% are spending less than $100 a month to address that concern. With an annual spend of less than $1000, these businesses are likely spending more on coffee than they are on cyber safety.