Huntress Research Survey Pulls Back Curtain on Security Threats to Mid-Sized Businesses>
Globe Newswire
ELLICOTT CITY, Md., March 15, 2023 (GLOBE NEWSWIRE) — Huntress, the managed security platform for small and mid-market businesses (SMBs), today released the findings of its State of Cybersecurity for Mid-Sized Businesses in 2023 survey, revealing cyber security challenges faced by the mid sized businesses across the United States and Canada that comprise 99% of all businesses.

Huntress found: 49% of mid-sized businesses plan to budget more for cyber security in 2023 In the last twelve months, 24% of mid-sized businesses have suffered a cyber attack or are unsure if they have suffered a cyber attack 61% of mid-sized businesses do not have dedicated cybersecurity experts in their organization 47% of mid-sized businesses do not currently have an incident response plan 27% of mid-sized businesses reported having no cyber insurance coverage Mid-sized businesses are increasingly aware of the need for layered cybersecurity strategies. However, more tools doesn’t necessarily equal more protection. Research showed a large portion of respondents weren’t deploying threat monitoring, endpoint detection and response, vulnerability scanning, patch management or network detection and response. Perhaps most alarming, 47% of respondents reported their organization does not currently have an incident response plan, which puts the organization at a severe disadvantage for quickly and effectively fighting off security incidents when they occur.

Beyond lacking necessary security solutions, mid-sized businesses also struggled to implement basic training measures and recruit the necessary staff. In fact, 61% of respondents say they do not have dedicated cybersecurity experts in their organization and only 9% say their workers adhere to security best practices. Poor Security Fundamentals Manifest into Cyber Insurance Difficulties 9% of respondents reported they are required to carry some form of cyber insurance, nearly 30% reported having no cyber insurance coverage, highlighting the immediate need to shore up cyber hygiene in order to lock in protection.
Link: https://www.globenewswire.com/news-release/2023/03/15/2627744/0/en/Huntress-Research-Survey-Pulls-Back-Curtain-on-Security-Threats-to-Mid-Sized-Businesses.html