Worry About Cyberattacks Increases, Survey Says
September 30, 2013
The National Small Business Association recently released its 2013 Small Business Technology Survey, a study of small-business owners selected by the association. Among the findings were that 94 percent of small-business owners were worried about cybersecurity and nearly half reported their businesses were victims of cyberattacks.
The top three information technology concerns facing small businesses are the cost of upgrades, security issues and the time it takes to fix problems. According to the association, cyberattacks cost small businesses an average of $8,699 for each attack; businesses whose banking accounts were hacked had an average loss of $6,927.
Small-business owners have good reason to be concerned. According to the Symantec Internet Security Threat Report released in April, attackers use small businesses as pawns for more sophisticated attacks and to hit bigger organizations. The largest growth area for cyberattacks in 2012 was businesses with fewer than 250 employees. In fact, 31 percent of all attacks singled out that group, a threefold increase in number from 2011.