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Survey: Small Business Cybersecurity

By Christopher Dowsett, CAE
September 1, 2018
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IT consulting and managed services provider Switchfast Technologies surveyed individuals at small businesses—including more than 600 full-time employees and 100 leaders at the C-suite level—about cybersecurity practices and found that small businesses are underestimating the true cost of cyber risk.

 

51%

of leaders are convinced their business isn’t a target for cybercriminals.

 

35%

of employees don’t know if their company has an incident response plan in place.

 

22%

of leaders and

19%

of employees share their work password with a coworker or assistant.

 

Download the full report at http://bit.ly/2o3THhx.


60%

of small businesses that ­suffer a cybersecurity breach are likely to go out of business within six months.

 

Source: Switchfast, “Cybersecurity Mistakes All Small Business ­Employees Make, from Entry Level to the C-Suite,” http://bit.ly/2o3THhx.

 

 

Christopher Dowsett, CAE, is senior editor/director, Publications, at IMA. You can reach him at cdowsett@imanet.org.
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