Should Small to Midsize Businesses Be Concerned About Cyber Threats?

Should Small to Midsize Businesses Be Concerned About Cyber Threats?

Mar 31, 2022

In 2020, the FBI reported a whopping $2.7B as the cost of cybercrimes in just that year. While no business is immune to cybersecurity attacks, small and medium sized businesses are especially vulnerable. In a survey conducted with small to medium business owners in late 2021, 42% of business owners suffered a cyber-attack in the last year. Additionally, according to the U.S. Small Business Administration (SBA), 88% of small business owners feel their businesses are vulnerable to cyber-attacks.

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