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Items Tagged with 'Small to Medium Business (SMB) security'
While organizations of all sizes have benefited from the efficiencies and conveniences of taking their business digital, it’s not without risks. Cybersecurity in today’s hyperconnected world is a necessity for large, medium and small businesses alike. Smaller businesses may be more prone to cyberattacks as they typically have fewer resources dedicated to cybersecurity.
If there’s one thing most small business owners have in common, it’s being pressed for time. Managing so many areas of responsibility leaves small businesses with little time to dedicate to any one task. Important decisions – like investments in security – demand time and attention but must also be weighed against what’s realistic for your organization to maintain within its current resource level. Hosted video surveillance services, for example, can provide small businesses with reliable video monitoring but with less maintenance than traditional security deployments, and less upfront cost.
Though data breaches are a serious issue for large enterprise organizations, especially from a reputation perspective, the threat of compromise is a top concern for most small and midsized businesses (SMBs), too.
Cybersecurity can be a scary beast for any organization of any size. The stakes are high. The adversaries are sly. The landscape is always shifting.These challenges can be especially significant for small and medium-sized businesses that have limited resources in capital and specialized expertise.
Eighty percent of surveyed small and medium-sized businesses (SMBs) rank IT security as a top business priority, with 29 percent spending less than $1,000 on IT security annually, according to a new Untangle 2019 "SMB IT Security Report".
Outsourcing by companies has been an area of growth for many years, and the trend does not seem to be slowing down. For example, Gartner is forecasting a 17 percent growth in public cloud use worldwide in 2019. Leading the way is infrastructure-as-a-service or (IaaS) with an expected 27 percent growth alone.
In a recent study, respondents say that mobile technology enables them to optimize inventory planning and management (96 percent) and point-of-sale (96 percent), personalize the customer experience (96 percent), as well as boost employee productivity and motivation (95 percent).
Sixty-one percent of firms suffered a cyber attack in the past year, compared to 41 percent the year prior. The median cost for losses associated with cyber incidents shot up from $229,000 to $369,000, says a 2019 Hiscox cyber Reading Readiness Report.
Eighty-six percent SMB clients were recently victimized by ransomware and 21 percent report six or more SMB attacks in the first half of 2017 alone, according to Datto’s State of the Channel Ransomware Report.
This month, Security magazine highlights John McClurg, Senior VP and CISO at Blackberry, and the evolving role of the CISO. Also, we highlight Tim McCreight, Acting CSO for the city of Calgary, Alberta, and discuss if civilians can truly Stop the Bleed and how to calculate ROI for better security. Industry leaders discuss public references and their impact on security careers, information security frameworks and convergence trends in 2020.