SMBs spending a day each week dealing with cybersecurity issues>
Help Net Security
Almost half of UK small to medium-sized businesses (SMBs) believe a cyberattack would put their business at risk of closure, and 48 per cent of businesses report they have had to deprioritise activities that would help grow their business to address cybersecurity, a new research from Webroot reveals. Additional research highlights ⢠UK SMBs see clear business benefits to cybersecurity investment. Over half (52%) believe investing in cybersecurity drives innovation, and 58 per cent believe it increases productivity. Nearly one third (28%) say cybersecurity could increase their revenue and attract new customers. ⢠There is a clear opportunity for SMBs to use their size to their advantage. Nearly two-thirds (64%) believe that being smaller enables their business to react more quickly to industry or political change than larger enterprises. Three-fifths (61%) think their employees are quicker to flag potential cybersecurity issues than at larger enterprises. ⢠Yet, 40% believe cybersecurity policies and threats restrict SMB growth more than larger enterprises.
Link: https://www.helpnetsecurity.com/2019/02/13/smbs-cybersecurity-issues/