What the Data Shows About SMB Breaches
The most important impact we examined was the root cause of attacks on small businesses, and we found a clear pattern: 29% reported the attackers gained access by exploiting an unpatched vulnerability, while 30% reported the criminals used a stolen credential. That means 6 in 10 small businesses are failing at the very basics of security hygiene, which includes routine patching and effective multifactor authentication.
The reason is a lack of resources: 42% of small businesses said they had too few people to address a known vulnerability, and the same number said they lacked the expertise to fix it. No wonder then that a “known security gap we had not addressed” was cited as the operational root cause of a breach for 45% of respondents.
In short, small businesses suffer from a lack of access to cybersecurity professionals and an inability to understand and prioritize risks. These are solvable problems.
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Small Business IT Teams Are Overwhelmed
Small business IT teams are responsible for everything from provisioning new laptops to deploying network infrastructure, managing applications and, yes, responding to phishing reports and applying patches to servers, endpoints and network equipment.
It’s tempting to put security on the back burner. But in today’s environment, leaving a firewall or VPN gateway unpatched for more than a day or two, or not investigating a security incident for even a few hours, can be the difference between safety and a ransomware incident. With security top of mind, organizations are looking to divide and conquer these tasks.
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