2018 brought a lot of change to small business. In the wake of many new cybersecurity threats and breaches, the National Institute of Standards and Technology (NIST) Small Business Cybersecurity Act was passed into law in August 2018, and it requires NIST to provide cybersecurity resources to small and medium-sized businesses (SMBs) to help protect them against future problems.

The growing threat of cyberattacks is a huge cause for concern. According to some of the country’s foremost intelligence experts, the U.S. may encounter a massive cyberattack on the horizon. An attack of this scale is predicted to cause damage comparable to a Category 5 hurricane, where everything from vehicles to pacemakers could be compromised. The country needs to be ready – and not just the public sector. Private businesses, regardless of size, would be taking an extreme risk if the necessary precautions are not put into place.