Cyberattacks hit 1 in 3 SMBs last year

Posted: 7th Nov 2024

The frequency and cost of cyberattacks on SMBs accentuates the sometimes underappreciated fact that attackers have and will target businesses of all types and sizes.

SMBs confront additional pressure because they often lack the resources and expertise to enact and manage advanced security measures that could detect, thwart or mitigate an attack. Less than 1 in 3 respondents said their SMBs manage security internally, while the remainder rely on consultants, managed service providers and cyber insurance recommendations for tool selection.

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