Recent research shows SMEs in the UK and US are at increased risk of data breach and cyber attack – with 43% having no cybersecurity defence plan in place at all.
The report, commissioned by and published by cybersecurity company BullGuard, revealed an alarming number of small businesses in the UK and US are not prepared for a potential cyber attack or breach.
One-third of companies with 50 or fewer employees report using free, consumer-grade cybersecurity, and one in five companies use no endpoint security whatsoever.
Those with no cybersecurity defence plan are leaving their most sensitive financial, customer and business data, and ultimately their companies, at significant risk.
The study also revealed some glaring discrepancies between what SME owners believe versus what is actually occurring in the market.