Almost half of SMEs in the UK believe that a cyber attack would risk closing their business according to new research from Cyber Security Webroot.
In addition, 48 percent of organizations have also begun to shift their priorities away from activities that could help grow their business to handle cyber security.
Webroot's report, entitled "Size Does Matter", shines on the challenging climate. The UK's small and medium-sized enterprises are currently in a time of rapid political, economic and social change. After Brexit, cyber security is the biggest source of uncertainty for UK SMEs.
To handle growing cyber threats, SMEs spend nearly a full working day (1
Of the companies surveyed by Webroot, almost half (48%) said they had suffered a cyber attack or computer crime in their lifetime with more than one in seven saying this happened more than once.
Making matters worse, by the companies that had been targeted, 70 percent was used as an entry to a larger business system that they supply. Almost half (48%) of the cases have affected the relationships with 22% of the small and medium-sized enterprises considering that they are no longer suppliers.
Webmaster's leading product director, Paul Barnes, encouraged SMEs to use their fine size to their advantage, says:
"Small and medium-sized businesses can no longer consider themselves too small to be targets. great size to their advantage by quickly identifying risks and educating everyone in the industry to mitigate these risks, because people will always be the first defense.Working with the right cybersecurity partner or managed service provider (MSP) to develop the right strategy for their size enables smaller businesses to prioritize the most important activities and help them grow. "
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