We mostly hear about data breaches, ransomware attacks, and other hacking attempts affecting large companies, 50% of cyber-attacks target small-to-medium sized businesses and over 60% of those attacked go out of business. For many small businesses, understanding the latest cybersecurity technology can be almost as challenging as keeping up with emerging cyber threats and risks—never mind the ever-changing regulatory landscape and new compliance demands.
Meanwhile, tight budgets can make getting ahead of increasingly sophisticated cyber threats even more difficult for smaller companies. That is why investing in a cybersecurity strategy should be at or near the top of the priority list of every small business in 2024.
