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BizReport : Ecommerce archives : May 06, 2015

Survey: SMBs concerned about cyber security

Small businesses are more worried about online security than many think. That is the takeaway from a new Endurance International Group survey which showed most (81%) of small businesses have cyber security concerns; nearly all (94%) say they 'often think' about their online security.

by Kristina Knight

"Cyber-attacks aren't just about targeting big business," said Endurance CEO and Founder Hari Ravichandran. "From phishing emails to social engineering schemes, small business owners need to be on high alert as hackers find new and creative ways to infiltrate their businesses. Our survey shows that small business owners may not be equipped to handle these new challenges. In our current environment, it's not a question of if your business will be targeted, but when. This should be a wake-up call to both lawmakers and the small business community that we must remain vigilant in protecting against these cyber-threats."

Some interesting findings from the Endurance report include:

• One-third (31%) have experienced cyber attacks or attempted attacks
• 42% say they have on-boarded online security protocols in the last year
• 70% 'do not believe' the government is doing enough to protect them
• 83% 'would support' federal tax incentives/grants to invest in cyber security measures

Researchers also found that 94% of SMB owners don't have cyber security insurance and that most (83%) handle online security on their own, many because they don't have the resources to employ IT staff or contractors for the job.

Image via Shutterstock

Tags: cyber security, Endurance International Group, SMB concerns, SMB security, SMB trends

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