Report reveals struggles of SMBs navigating cyber threat landscape

A recent survey of just over 1,000 small- and medium-sized businesses found that 58 percent of respondents experienced a data breach in the previous 12 months, according to a new SMB cybersecurity research report from Keeper Security and the Ponemon Institute. An even larger number, 67 percent, said they experienced at least one form of cyberattack, the most common of which were phishing or social engineering schemes, web-based attacks and malware campaigns.

With the prospect of future cyberattacks seemingly inevitable, one would hope SMBs are adequately prepared to handle such threats. But instead, the “2018 State of Cybersecurity in Small and Medium Size Businesses” study reveals that a discouraging 47 percent of respondents said they have no understanding of how to defend their companies against cyberattacks, while only 28 percent said their abilities to mitigate threats were “highly effective.”

The data breach and cyberattack statistics notably trended up from the 2017 version of the study, when 54 percent of surveyed SMBs said they were breached and 61 percent said they encountered a cyberattack.

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