A Study suggested that every one in two small and medium-sized businesses can lose their business to a potentially major cyber attack.
A survey conducted by 501 IT decision makers claimed that almost 48 per cent of small and medium-sized business could face or have faced a cyber threat once in their lifetime which could halt their business and possibly they can lose their partners as they may lose their suppliers. Half of them which is 22% already claim that they are no more partners because poor cybersecurity has resulted in a bad relationship between them.
“SMBs can no longer consider themselves too small to be targeted. They need to use their nimble size to their advantage by quickly identifying risks and educating everyone in the business of how to mitigate those risks because people will always be the first line of defence,” said Paul Barnes, Senior Director, Webroot.
Two third of respondents which is 64% make their life easy because they can adapt to changes more speedily as compared to large enterprises.
You can’t ignore the changes and advancements in cybersecurity which provides updated security from cyber attack and advantages to boost productivity and make you gain new customers.