Most small business owners believe cyberattacks are the concern of large corporations, however nothing could be further from the truth. According to Verizon Data Breach Investigations Report 71% of cyberattacks occur at businesses with less than 100 employees. [1]
Unfortunately, many “SMBs suffer from 'It can't happen to us' syndrome,” notes Robert Siciliano, security expert for McAfee. “They also typically don't have the resources to secure their networks to the degree a large enterprise would. But the information on their networks – and access to their bank accounts – still makes them a big target.” Even though it turns out SMB’s have a larger target on their backs than they realize, two thirds of SMBs surveyed by Symantec say they're not concerned about cyber threats; and more than 80 percent have no formal cyber security plan.