With SMBs making up almost all private businesses in the country, it is essential they step up their security game.
If we want to reduce the number of successful cyberattacks that target businesses – we need to turn our attention towards small and medium-sized ones because, if a newly released report is to be believed, they are the weakest link in the chain.
The report issued this morning by Business in the Community (BITC) says that 40 per cent of small businesses hadn’t changed a thing about their cybersecurity posture in the last 12 months. A third said they didn’t have any kind of cybersecurity solutions set up, and 77 per cent have no policies to help them control data and system access.
The report concludes that small businesses, representing 99.3 per cent of all private business in the country, have a huge cybersecurity responsibility.