small business news
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Is Cyber Facing an Affordability Crisis?
The cybersecurity industry is reportedly grappling with an affordability crisis, characterized by escalating costs associated with data breaches and substantial expenditures required for defensive measures. This situation is said to be disproportionately impacting small businesses, leaving them exposed to cyber threats. The reported vulnerability of these smaller entities, in turn, poses a…
Small Businesses Need Cyber Readiness for Resilience
Small and medium-sized businesses (SMBs) are increasingly recognizing the critical importance of cybersecurity, with a recent report indicating that 45% of SMBs experienced a cyber incident in the past year. Despite this, 61% express concern about potential attacks in the next 12 months, highlighting a persistent gap between awareness and preparedness. These businesses, which constitute 90% of…